This Is What Whales Are Betting On Micron Technology
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Micron Technology (NASDAQ:MU), with 60% of recent trades being bearish and 40% bullish. The trades have targeted a price range of $35.0 to $70.0 for Micron Technology over the last 3 months. The current price of MU is $67.62, up 0.13%. Analysts have mixed opinions, with Rosenblatt and Citigroup rating it as 'Buy' with price targets of $100 and $85 respectively, while Morgan Stanley maintains an 'Underweight' rating with a price target of $58.

October 20, 2023 | 2:46 pm
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A significant investor has taken a bearish stance on Micron Technology. Analysts have mixed opinions, with some rating it as 'Buy' and others as 'Underweight'.
The bearish stance taken by a significant investor, along with the mixed analyst ratings, could lead to increased volatility and potential downward pressure on the stock in the short term.
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