While leading indicators seem to be suggesting both that the U.S. economy is headed for a downturn and that price pressures are cooling, the Federal Reserve seems determined to wait until CPI falls fu...
Tag: underweight
Piper Sandler downgrades Micron Technology to ‘underweight’
Don’t expect shares of Micron Technology Inc (NASDAQ: MU) to recover any time soon, a Piper Sandler analyst said in a note on Friday. The stock is down nearly 30% from its year-to-date high. Micron is...
Roku stock drops 11% after underweight analyst recommendation
Roku (ROKU) shares dropped more than 11.7% on Wednesday amid an Underweight initiation by Atlantic Equities over concerns of slowing growth and weak penetration in markets abroad. “We estimate...