Chip gear makers take a beating after Micron's dour forecast
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Micron Technology (MU) PT Lowered to $40 at FBN Securities
December 19, 2018 9:41 AM ESTFBN Securities analyst Shebly Seyrafi lowered the price target on Micron Technology (NASDAQ: MU) to $40.00 (from $65.00) while maintaining a Outperform rating.
The analyst commented, "We reiterate our Outperform rating on MU and lower our PT from $65 to $40. MU has recently entered a... More
