Micron shares drop following Bank of America Merrill Lynch Downgrade

Micron shares drop following Bank of America Merrill Lynch Downgrade | BenzingaBenzinga Benzinga Pro Marketfy Facebook Twitter LinkedIn RSS Streaming Google + News free subscription is FreeWhat are you waiting for? Sign up now! Username: Username available!Username taken! Email: Email available!Email taken! Password: leave blank: you already have an account?LoginI user bet that I can't wait to come back here ... Username or email: Password: need an account?Forgot your password? Help Register Login Benzinga-Feed Your Mind. HomeMeglio of BenzingaCareersAboutContact UsPartnersNewsEarningsGuidanceDividendsM ABuybacksLegalManagementRetail SalesOfferingsIPOsInsider TradesBiotech/& FDAMarketsPre-HoursMoversForexCommoditiesOptionsBondsFuturesGlobal EconomicsPreviewsReviewsRatingsAnalyst ColorDowngradesUpgradesInitiationsPrice TargetIdeasLong MarketAfter IdeasShort PressJim CramerRumorsETFsTechStart IdeasTechnicalsFrom UpsSmall-CapTrading-& training strategiesColorDowngradesUpgradesInitiationsPrice Target market analyst overview keyword TickersArticlesKeywordsSearch ... googlecse Micron shares Drop following Bank of America Merrill Lynch Downgrade Erika Janowicz, Benzinga staff writer December 23, 2013 13:25 + Follow Print Email free Streaming News ticker: MU share:Shares of Micron Technology (NASDAQ: MU) fall as 4.48% decrease to $21,22 after downgrade from Bank of America Merrill Lynch from neutral to Underperform and $ 1 price target to $19,50.An analyst at Bank of America Merrill Lynch Simon Dong-Woo said that he expects the performance picture microns to weaken and noted that the company is now one of stocks ' less preferred "memory. The analyst wrote on the growing competitive threat from Hynix SK after reports of new factory construction and expects the DRAM spot price to fall on increasing supply.Micron Technology closed at $22,17 Friday.-Published In: Bank of America Merrill Downgrades Target price LynchAnalyst color analyst reviews(c) Benzinga.com 2013. Benzinga does not provide investment advice. All rights reserved.Most popular Office Depot, Seattle Genetics and other insiders have been buying Slideshow: No iPhone for China Mobile, iPad demand remains high, and more from the third week of December, China Mobile, Apple iPhone announce on China Mobile 3 G & 4 g networks beginning January 17, 2014 stock watch for December 23, 2013 UPDATE: Morgan Stanley reiterates on Walgreen company updated the following forecast 1QFY14 results Cowen suggests truth of Allergan Rumors related articles (MU) Micron shares drop following mid-morning update BofAML Downgrade market: markets Surge; Seagate to acquire Xyratex for Top #PreMarket losers U.S. stock futures rise higher Benzinga's downgrade $ 374 M Benzinga ahead of Consumer Sentiment data merchants continue to sell Micron shares despite most Sell-Side defense all over the Web, we're loving ... 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Morgan initiates coverage on Nasdaq OMX Stifel raises PT Apple following China Mobile support Cowen suggests truth to rumors Allergan more Read more recent Office Depot 1, Seattle Genetics and other insiders have been buying 2 Slideshow: No iPhone for China Mobile, iPad demand remains high, ... 3 China Mobile, Apple iPhone announce on China Mobile 4 g 3 g NET & ... 4 stock UPDATE clock for 5 December 23, 2013: Morgan Stanley reiterates on Walgreen company on updated ... 6 Cowen suggests the truth to 7 voices Allergan iPhone finally arrives to China Mobile 1 analysts: China Mobile deal Apple will add 17 m to 30 m In Increments ... WidePoint subsidiary iSYS assigned 2 $ 600 M purchase blanket Agreeme ... 3 Jos. 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Benzinga Professional Subscribe WidePoint subsidiary iSYS 13:16 awarded contract for the purchase of $ 600 M covered by Department of Homeland Security 13:15 actions of Steiner Leisure to session highs; Stifel previous analyst suggested buying the Dip 13:12 Charles Gasparino: ' Tweet ackman says regs closing in $HLF is based on discussions w regs believe theyre making it difficult to foresee substantial progress times ' 13:10 S P & updates Philadelphia to says Boulder makes a + 13: 6 Moody Evol acquisition credit metrics Weakens in the short term 13: 2 Hercules Offshore more elevatiPuò spikes be attributed to positive comments to CNBC 13: 0 trust in Read continues as the Senate passes the motion of 2014 budget via ForexLive 12:54 update: IDC 2017 cuts Monitor PC shipment forecast from 110.8 109.6 M M 12:53 unit upgrade: enhanced 2013 IDC Monitor PC shipment forecast from 134.7 M M 12:51 136.3 says Callon consider Lone Star tips 12:50 IDC says worldwide PC Monitor will see positive growth in Q3 13Vede shipments up to 4.5% QoQ 12:49 CMS Reporting deadline for affordable care Act extended to midnight on December 24, 12: 42 adversity Adam Button shows still has some British colonial spirit within via ForexLive & 12:38 pm Gabelli co. 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