Memory chip maker Micron Technology Inc. (US:mu) saw its shares fall more than 2%, to $6.41 Monday, after Pacific Crest Securities analyst Monika Garg cut her rating on the company's stock. Garg lowered her assessment of Micron to sector perform, or neutral, from outperform due to a cautious outlook for the PC market, as well as pricing of DRAM memory. "Micron has posted losses over the past four consecutive quarters, and, due to the steep decline in DRAM pricing (down21% in just the last three months), we believe the company will post losses for a couple of more quarters," Garg wrote in a research note. Micron is scheduled to report quarterly results on Thursday.