Micron Technology (NASDAQ: MU) stock fell 3.9% through 10:30 a.m. ET Monday morning after investment bank Morgan Stanley dramatically slashed its price target on the computer memory maker.

Up until today, Morgan Stanley had been saying Micron stock was worth $140 a share. Now, the banker believes Micron may be worth as little as $100.

What changed? In today's note, Morgan Stanley analysts explained that their view of Micron has two main parts: high bandwidth memory chips (HBM) and everything else.

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Source Fool.com