Morgan Stanley Downgrades Micron Technology To Underweight

Analysts at Morgan Stanley downgraded

from Equal-weight to Underweight. The price target for Micron Technology has been lowered from $30.00 to $21.00. Micron Technology shares have dropped 21.25 percent over the past 52 weeks, while the S&P 500 index has surged 8.07 percent in the same period. Micron Technology shares fell 3.30 percent to $24.30 in pre-market trading.