Diamonds and Dogs

1/5/21

Micron Technology (MU) makes new highs on an upgrade. The DRAM maker is up 3% after Citigroup analyst Christopher Danely boosted his rating on Micron by two notches, to Buy from Sell, lifting his price target to $100, from $35 saying the long-awaited upturn in DRAM is about to materialize.

First Solar (FSLR) loses a little luster. The solar stock is down 9% on a downgrade to a Sell at Goldman after the analyst cut his price target from $101 to $81, saying the firm's gross margins and earnings power have peaked in the near-term.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.