Check out the companies making headlines in midday trading. Micron Technology — Shares jumped more than 6% after Bank of America raised its price target on the chipmaker. The Wall Street firm expects demand for high-bandwidth memory technology will grow to more than $20 billion by 2027. Cameco — Shares rose more than 5% after Goldman Sachs initiated coverage of the uranium producer with a buy rating, saying there is more than 25% upside.
A preliminary review found that the data of more than seven million customers was published on the dark web as a result of the incident. Bill Holdings — Shares of the financial software company fell more than 5% after Wells Fargo downgraded it to underweight from equal weight, saying in a note to clients that growth expectations for Bill are too high. Tesla — The electric vehicle stock fell 2%.
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