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blankTOGA
2021-08-12

Cool... Discount price

Micron Stock Slides nearly 6% on Morgan Stanley Downgrade, Memory Chip Sector Warning

Micron Technology shares slumped nearly 6% after analysts at Morgan Stanley cut their rating on the

Micron Stock Slides nearly 6% on Morgan Stanley Downgrade, Memory Chip Sector Warning

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Blurryw
·2021-08-12
Hope so
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Discount price","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/895741472","repostId":1140749727,"repostType":4,"repost":{"id":"1140749727","pubTimestamp":1628775487,"share":"https://www.laohu8.com/m/news/1140749727?lang=&edition=full","pubTime":"2021-08-12 21:38","market":"us","language":"en","title":"Micron Stock Slides nearly 6% on Morgan Stanley Downgrade, Memory Chip Sector Warning","url":"https://stock-news.laohu8.com/highlight/detail?id=1140749727","media":"Thestreet","summary":"Micron Technology shares slumped nearly 6% after analysts at Morgan Stanley cut their rating on the ","content":"<p>Micron Technology&nbsp;shares slumped&nbsp;nearly&nbsp;6%&nbsp;after analysts at Morgan Stanley cut their rating on the group amid a warning that 'winter is coming' for the global memory chip sector.</p>\n<p><img src=\"https://static.tigerbbs.com/f8d2a465fc843b4324fc0a010c494ede\" tg-width=\"899\" tg-height=\"624\" width=\"100%\" height=\"auto\"></p>\n<p>Morgan Stanley analyst Joseph Moore lowered his rating on the stock by one notch, to 'equal-weight', while slashing his price target by $30 to $75 a share, as the bank noted \"a challenging backdrop for forward returns” for Micron as \"DRAM conditions lose steam\" in its shift from mid to late cycle. 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