Micron, Meta Platforms, Apple fall premarket; DraftKings, PacWest rise
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Deutsche Remains Sidelined on Micron Technology (MU) Amid China Memory Restrictions, 'could imply a much larger impact that the co's initial assessment'
May 22, 2023 10:32 AM EDTDeutsche Bank analyst Sidney Ho reiterated a Hold rating and $55.00 price target on Micron Technology (NASDAQ: MU)
The analyst comments "While Chinese retaliation following semicap equipment export bans was to be expected (in some shape or form) and today's announcement by MU does not come as a surprise to us, the extent of the restrictions remain largely unclear and... More
DraftKings (DKNG) lifted to buy at UBS as faster market penetration boosts revenue growth
May 22, 2023 10:00 AM EDTDraftKings (NASDAQ: DKNG) was lifted to Buy from Neutral at UBS on Monday, with analyst Robin Farley raising the firm's price target on the stock to $30 from $19 per share.
DraftKings shares are up more than 5% Monday following the upgrade, trading around the $25.40... More
