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Micron Technology (NASDAQ:MU) was upgraded from Hold to Buy by Summit Insights following earnings. Analysts think DRAM industry dynamics will improve once the channel inventory correction is completed by the first half of next year. Shares gained fractionally during the session.
Charles River Labs (NYSE:CRL) was upgraded from Hold to Buy at Jefferies with a price target of $240.00 (from $230.00) citing scarce NHP supply, which is driving pricing, revenue, and backlog. Shares rose nearly 4% on the day.
Bed Bath & Beyond Inc (NASDAQ:BBBY) was upgraded from Sell to Hold at Odeon Capital. The analysts there said while the company is not out of the woods, things appear to be moving in the right direction. They set a $7.50 price target on the stock. Shares closed down about 2%.
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