Micron just downgraded at Exane BNP Paribas, here’s why

Sep 12, 2024 · Exane BNP Paribas double downgraded Micron Technology to Underperform from Outperform with a price target of $67, down from $140. While some investors correctly …

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Micron Just Downgraded At Exane BNP Paribas, Here’s Why

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Sep 12, 2024 · Exane BNP Paribas double downgraded Micron Technology to Underperform from Outperform with a price target of $67, down from $140. While some investors correctly …

investingchannel.com

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Micron Technology Stock Drops On Exane BNP Downgrade - Yahoo …

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Sep 12, 2024 · Investing.com -- Micron Technology (NASDAQ:MU) saw its shares fall over 4% Thursday after a double downgrade from Exane BNP Paribas (OTC:BNPQY).

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Semiconductor Stock Hit With Rare Double Downgrade

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Sep 12, 2024 · Micron Technology Inc (NASDAQ:MU) stock is 3.5% lower before the open, after a double downgrade at Exane BNP Paribas.The analyst downgraded the chip stock to …

schaeffersresearch.com

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Exane BNP Paribas Double Downgrades Micron Technology (MU) …

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(Updated - September 12, 2024 8:44 AM EDT) Exane BNP Paribas analyst Karl Ackerman downgraded Micron Technology (NASDAQ: MU) from Outperform to Underperform, PT $67.00 …

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Micron Gets A Downgrade And Price-Target Cuts, But Retail …

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Sep 12, 2024 · Micron Gets A Downgrade And Price-Target Cuts, But Retail Investors Stay Bullish ... (MU) fell over 3% in pre-market trading on Thursday after Exane BNP Paribas …

stocktwits.com

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Micron Technology Faces Double Downgrade, Shares Decline

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Sep 12, 2024 · The rating adjustment includes a drastic cut to Micron's price target, which was adjusted from $140 down to $67. This new target reflects a stark change in the anticipated …

investorshangout.com

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Micron (MU) Stock Drops Amid Analyst Downgrade - GuruFocus

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Sep 12, 2024 · Shares of memory chip maker Micron (MU, Financial) fell 4.57% today after receiving a double rating downgrade from Exane BNP Paribas analyst Karl …

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Micron Technology Stock Drops On Exane BNP Downgrade

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Sep 12, 2024 · Micron Technology stock drops on Exane BNP downgrade Open in App. Get 50% Off ... (NASDAQ: MU) saw its shares fall over 4% Thursday after a double downgrade from …

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BNP Paribas Exane Downgrades Micron Technology To …

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Sep 12, 2024 · BNP Paribas Exane Downgrades Micron Technology to Underperform, Price Target is $67 September 12, 2024 at 05:35 am EDT Share This article is reserved for …

marketscreener.com

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Micron Dips Following Downgrade, Price Target Cuts - MSN

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In a more extreme move, Micron was downgraded to Underperform from Outperform by BNP Paribas Exane, and the price target was slashed to $67 from $140.

msn.com

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Micron Technology Stock Drops On Exane BNP Downgrade

1 week from now

Investing.com -- Micron Technology (NASDAQ:MU) saw its shares fall over 4% Thursday after a double downgrade from Exane BNP Paribas (OTC:BNPQY). The firm lowered its rating on …

onefinancialmarkets.com

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Micron Double Downgraded To Underperform By BNP Paribas

1 week from now

Sep 12, 2024 · BNP Paribas issued a double downgrade on Micron Technology (MU), now rating the stock at Underperform and slashing its price target to $67 from $140 per share. Market …

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FAQs about Micron just downgraded at Exane BNP Paribas, here’s why Coupon?

Will Exane BNP Paribas slash micron stock's price target?

Exane BNP Paribas also published new coverage on Micron stock today, downgrading its rating on the stock from outperform to underperform and slashing its price target from $140 per share to $67 per share. ...

Are Raymond James & Exane BNP Paribas buying micron stock?

Raymond James and Exane BNP Paribas both lowered their price targets for Micron stock today. Raymond James still thinks the stock is a buy, but it's lowering its forecast due to weaker-than-expected growth trends. Exane BNP Paribas turned bearish on Micron and thinks the company's pricing power could wind up weaker than anticipated. ...

Is Exane's stance on micron a good buy?

Exane's bearish stance on Micron contrasts with the broader analyst consensus, with the bank noting it remains predominantly bullish with 39 buys and only 2 holds. However, they believe further rating downgrades and earnings cuts will weigh on the stock in the near term. Related Articles ...

How much will micron's CAPEX increase in 2024?

At current forecasts, that would translate to capex of $13.5 billion, a near 70% increase from fiscal 2024 levels. Exane BNP Paribas analyst Karl Ackerman, who issued a rare 'double downgrade' for Micron stock, taking his rating to 'underperform' expects the group's lackluster performance to continue. ...

Why did micron stock drop 41%?

The downgrade is also rooted in concerns about the broader memory cycle. Exane BNP Paribas concluded that the current upcycle for DRAM prices would likely peak in the November quarter. Despite Micron's stock already dropping about 41% from its peak, Exane remains cautious, saying, "There is still downside risk even to our target price of $67/sh." ...

Is micron (Mu) a good stock to buy?

Overall, this was a fantastic quarter. Shares of memory chips maker Micron (NYSE:MU) fell 6% in the morning session after the stock received a double rating downgrade from Exane BNP Paribas analyst Karl Ackerman. Ackerman lowered the stock's rating from Outperform (Buy) to Underperform (Sell) and cut the price target from $140 to $67. ...