Wells Fargo Maintains Overweight on Micron Technology, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers maintains an Overweight rating on Micron Technology (NASDAQ:MU) and raises the price target from $70 to $82.
June 05, 2023 | 12:03 pm
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Wells Fargo maintains an Overweight rating on Micron Technology and raises the price target from $70 to $82.
The raised price target by Wells Fargo indicates a positive outlook for Micron Technology's stock. The Overweight rating suggests that the stock is expected to outperform the market in the short term. This news is likely to have a positive impact on the stock price, as investors may see it as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100