Stifel Maintains Hold on Micron Technology, Raises Price Target to $65
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Brian Chin maintains a Hold rating on Micron Technology (NASDAQ:MU) and raises the price target from $55 to $65.
June 26, 2023 | 2:25 pm
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NEUTRAL IMPACT
Stifel analyst maintains Hold rating on Micron Technology (NASDAQ:MU) and raises price target from $55 to $65.
The news of Stifel maintaining a Hold rating on Micron Technology and raising the price target from $55 to $65 indicates that the analyst sees potential growth in the stock price. However, the Hold rating suggests that the analyst does not expect significant short-term price movement. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100