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Micron: Two Downgrades and -20% Return in 5 Days
Stockmasters Staff (May 13th, 2009) Writes:
The last five trading days Micron Technology Inc.(NYSE:MU) shares have been cursed with two Downgrades and losing 20% of their value. Micron has been outcast by Wall Street, they are the new Gollum of the Semiconductors.
Anytime you see back to back downgrades in the span of a week it makes you wonder if the analysts might actually be on to something, both UBS and Deutsche are down on Micron:
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Tags for this Post:
Amd, Bob Gujavarty;, cent;, Deutsche Securities, Market Commentary, Micron Technology Inc.;, NAND;, UBS, Uche Orji;, USD, wall street
Amd, Bob Gujavarty;, cent;, Deutsche Securities, Market Commentary, Micron Technology Inc.;, NAND;, UBS, Uche Orji;, USD, wall street
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