"How management communicates the evolution of LTAs and balances near-term revenue trade-offs against longer-term stability will likely determine whether the stock can extend its re-rating from already elevated expectations."

Top Wall Street analysts changed outlook on top names. See all changes, including upgrades/downgrades, on analyst ratings page.

Micron (MU) stock jumps 6% to new highs ahead of June 24 earnings as Needham raises its price forecast to a bullish $1,550.