Notable Downgrades: Micron (MU), FireEye, Inc. (FEYE), ARM Holdings (ARMH), Synnex (SNX), Zoetis (ZTS)

Analysts at Mizuho downgraded Micron Technology, Inc. (MU) from ‘Buy‘ to ‘Neutral‘ in a research report issued to clients on Friday. The target price for MU is lowered from $37 to $30. On valuation measures, Micron Technology Inc. stock it’s trading at a forward P/E multiple of 5.77x, and at a multiple of 6.02x this […] View the full post at: Notable Downgrades: Micron (MU), FireEye, Inc. (FEYE), ARM Holdings (ARMH), Synnex (SNX), Zoetis (ZTS) Related posts: Micron Technology to Eliminate 15% of its Workforce Top Pre-Market Stock Upgrades/Downgrades April 12, 2010 Top Pre-Market Stock Upgrades/Downgrades April 27, 2010