Check Out What Whales Are Doing With Micron Technology
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bearish stance on Micron Technology (NASDAQ:MU), with 62% of detected trades being bearish and 37% bullish. The whales have been targeting a price range from $27.5 to $95.0 for Micron Technology over the last 3 months. The current price of MU is $68.51, up 0.65%. Analysts have mixed opinions, with Rosenblatt and Citigroup downgrading to Buy with price targets of $100 and $85 respectively, while Baird maintains a Neutral rating with a price target of $65, and Evercore ISI Group maintains an Outperform rating with a price target of $90.

October 25, 2023 | 7:46 pm
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Bearish stance taken by a significant number of investors on Micron Technology. Analysts have mixed opinions, with some downgrading to Buy and others maintaining Neutral or Outperform ratings.
The bearish stance taken by a significant number of investors, along with the mixed analyst opinions, could lead to increased volatility and potential downward pressure on the stock price in the short term.
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