Micron Technology's stock price target cut by Morgan Stanley from $140 to $100.
Micron Technology's stock price target was cut by Morgan Stanley from $140 to $100, while other firms like Bank of America and JPMorgan Chase raised their targets, reflecting mixed analyst sentiments. Micron reported Q2 earnings of $0.62 EPS, exceeding estimates, and declared a quarterly dividend of $0.115. Insider trading saw EVP April S. Arnzen sell shares, while several institutional investors acquired new stakes in the company.
September 20, 2024
3 Articles