Citigroup Maintains Buy on Micron Technology, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Danely has reaffirmed a Buy rating on Micron Technology (NASDAQ:MU) and increased the price target from $85 to $88.
November 29, 2023 | 6:41 pm
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Citigroup analyst Christopher Danely maintains a Buy rating on Micron Technology and raises the price target from $85 to $88, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Christopher Danely from Citigroup typically signals a strong conviction in the company's future performance and can lead to increased investor confidence and upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100