Needham Maintains Buy on Micron Technology, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has reaffirmed a Buy rating on Micron Technology (NASDAQ:MU) and increased the price target from $75 to $85, signaling confidence in the company's future performance.
November 29, 2023 | 10:38 am
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Needham's analyst Quinn Bolton maintains a Buy rating on Micron Technology and raises the price target from $75 to $85, indicating a bullish outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's financial health and future earnings potential. This can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
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