UPDATE: Bank of America Downgrades Micron Technology on Valuation, Limited Upside Potential
November 22, 2013 at 09:42 AM EST
In a report published Friday, Bank of America analyst Simon Dong-je Woo downgraded the rating on Micron Technology (NASDAQ: MU ) from Buy to Neutral, but reiterated the $20.50 price target. In the report, Bank of America noted, “We downgrade Micron from Buy to Neutral without changing either our estimate