Micron Technology (NASDAQ:MU – Get Rating) was downgraded by equities research analysts at Piper Sandler from a “neutral” rating to an “underweight” rating in a note issued to investors on Friday, The Fly reports. Other equities research analysts have also issued reports about the company. StockNews.com upgraded Micron Technology from […]
Piper
Micron plunges as Piper Sandler downgrades, cites ‘oversized exposure’ to consumer
Sundry Photography/iStock Editorial through Getty Pictures Micron Engineering (NASDAQ:MU) shares fell 8% on Friday as expenditure agency Piper Sandler downgraded the memory chip maker, citing its “outsized publicity” to consumer electronics. Analyst Severe Kumar decreased his rating on Micron (MU) shares to underweight from neutral and slashed his per-share rate […]