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Micron Shares Slumped over 5% As Raymond James Cuts Price Target to $125 From $160

MT Newswires Live09-12

Raymond James cut Micron price target to $125 per share from $160 but says it’s standing by the stock.

Micron shares slumped over 5% in morning trading.

“High Bandwidth Memory (HBM) for AI applications is an incremental opportunity for the company and we expect Micron to gain its fair share over time.”

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Comment6

  • We won't be heard anyway, go for 83 MU, that's your next polish [Happy]  
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  • I like these self analysis guys, creating vacuum for entry and end of the day, they boot lick that same stock again, rinse and repeat
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  • VtTeh
    ·09-12
    Lousy Raymond James...you predicted wrongly because you just dont know how to. Shoot a number into the air. Are you qualified? I doubt. Haha. Go back to school please. By the way, all the analysts are equally bad as you. Dont be too sad...
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  • SingHeat
    ·09-12
    Did MU share ever reach $150 recently in the first place ? 
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    • Shyon
      It was 157 few months before.
      09-12
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  • SingHeat
    ·09-12
    So.....even at $125......now only approx near $90 only
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  • Who is Raymond James
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