Citigroup Reiterates Buy on Micron Technology, Maintains $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Danely has reiterated a 'Buy' rating on Micron Technology (NASDAQ:MU) and maintained an $85 price target.
September 28, 2023 | 10:13 am
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Citigroup has reiterated a 'Buy' rating on Micron Technology and maintained an $85 price target, potentially indicating a positive outlook for the company's stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Citigroup's reiteration of a 'Buy' rating and maintenance of an $85 price target for Micron Technology could indicate a positive outlook for the company's stock, potentially leading to an increase in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100