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Micron Stock Downgraded by Morgan Stanley

This is a news story, published by Yahoo Finance, that relates primarily to Micron news.

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Micron Technology

The Motley Fool

The Motley Fool

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Micron stock drops 4% after Morgan Stanley cuts price target on the memory maker

The Motley Fool

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65% Informative

Micron Technology stock fell 3.9% through 10:30 a.m. ET Monday morning after Morgan Stanley slashed its price target on the computer memory maker.

Morgan Stanley had been saying Micron stock was worth $ 140 a share.

Now, the banker believes Micron may be worth as little as $100 .

Micron 's valuation does look better based on consensus forecasts for 2025 profit.

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English

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short-lived

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7

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