
The analyst maintains a bearish short-term outlook on Micron Technology ($MU), predicting the stock will likely drop into the $800s - $900s range soon despite a pre-market price of $1,135. He specifically targets a price of $800 - $850 as the level where he would consider re-opening a position. This sentiment follows an initial earnings reaction that differed from his expectation of a 10% - 20% decline.

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