Check Out What Whales Are Doing With Micron Technology
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Micron Technology (NASDAQ:MU), with 63% of investors opening trades with bullish expectations and 36% with bearish. The whale has been targeting a price range from $65.0 to $80.0 for Micron Technology over the last 3 months. The price of MU is up 0.34% at $70.11. Citigroup has maintained their Buy rating on Micron Technology, with a price target of $85.
September 08, 2023 | 6:15 pm
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POSITIVE IMPACT
Bullish stance by a whale investor and a maintained Buy rating from Citigroup could positively impact Micron Technology's stock in the short term.
The bullish stance by a whale investor indicates a strong belief in the company's potential growth. This, combined with Citigroup's maintained Buy rating, could attract more investors, potentially driving the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100