Nomura Downgrades Micron Technology To Neutral

Analysts at Nomura downgraded

from Buy to Neutral. The price target for Micron Technology has been lowered from $40.00 to $30.00. Micron Technology shares have gained 24.41% over the past 52 weeks, while the S&P 500 index has surged 12.99% in the same period. Micron Technology's shares dropped 1.57% to $30.75 in pre-market trading.