TD Cowen Maintains Outperform on Micron Technology, Raises Price Target to $78
Portfolio Pulse from richadhand@benzinga.com
TD Cowen analyst Krish Sankar maintains an Outperform rating on Micron Technology (NASDAQ:MU) and raises the price target from $70 to $78.
June 29, 2023 | 2:19 pm
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Micron Technology's price target has been raised from $70 to $78 by TD Cowen, maintaining an Outperform rating.
The raised price target indicates the analyst's increased confidence in the company's performance. This could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100