SELL MICRON: Lynx analysts KC Rajkumar and Jahanara Nissar downgraded Micron ($MU) to Sell from Hold with a $100 price target, down from $110. The analysts believe the "nascent memory cycle stands in danger of running out of steam" a couple of quarters earlier than they had envisaged. Further, they now think Micron could see revenue sequentially down as early as February of 2022. REDUCED SECULAR RISK: Scotiabank analyst Jeffrey Fan yesterday afternoon upgraded AT&T ($T) to Sector Perform from Underperform with a price target of $31, up from $28. The stock has underperformed over the past two months, down 9% compared to Verizon's ($VZ) down 2% and the up 46% for the S&P 500 Index, Fan told investors in a research note. Over the past year, AT&T has transitioned to a new senior management team, and has recently announced the divestiture of DirecTV and the spin-out of Warner Media to merge with Discovery ($DISCA), he added. The analyst believes these transactions will de-lever the balance sheet and reduce the company's "secular risk exposure" to satellite video and the volatility and investment related to media. SALES IMPACTED: OTR Global downgraded Nike ($NKE) to Mixed from Positive. The firm noted that fourth quarter sales were impacted by boycotts in China as well as longer than anticipated closures in Europe. Meanwhile, U.S. buyers are concerned about inventory availability, OTR Global added. MOVING TO THE SIDELINES: Guggenheim analyst Laurent Grandet downgraded Honest Company ($HNST) to Neutral from Buy without a price target. The company reported "solid" first quarter results, said the analyst, who remains positive on its underlying fundamental outlook. However, Grandet sees a more balanced risk/reward at current valuation levels and a "lack of an apparent catalyst" to materially increase sales expectations. E-COMMERCE DRIVEN GROWTH: Gabelli analyst Justin Bergner upgraded Stanley Black & Decker ($SWK) to Buy from Hold, citing his increasing confidence in growth driven by e-commerce, the Black & Decker brand revitalization, and "sustained ex-urban living." The analyst also argued the stock's valuation has "come in to a level that prices in our concerns" on interest rates, the reopening trade, and tax rates.Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so). Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page. .