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Fly News Breaks for June 5, 2019
WDC, MU
Jun 5, 2019 | 08:10 EDT
Longbow analyst Nikolay Todorov said his memory supply chain checks point to weaker demand and pricing trends in both DRAM and NAND, noting that inventory levels remain a major headwind. In addition to high inventories, calendar third quarter pricing forecasts are trending lower than 60 days ago, said the analyst, who sees increased risk of a muted recovery in the second half. Todorov, who lowered his estimates for both Micron (MU) and Western Digital (WDC), has a Neutral rating on the former and a Buy rating on the latter stock.
News For MU;WDC From the Last 2 Days
WDC
Apr 22, 2024 | 16:28 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WDC
Apr 22, 2024 | 12:15 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WDC
Apr 22, 2024 | 09:47 EDT
WDC
Apr 22, 2024 | 07:15 EDT
WDC
Apr 22, 2024 | 05:54 EDT
