Mizuho Maintains Buy on Micron Technology, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh has maintained a Buy rating on Micron Technology (NASDAQ:MU) and increased the price target from $82 to $86, indicating a positive outlook on the company's stock.
December 06, 2023 | 4:47 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Mizuho analyst Vijay Rakesh maintains a Buy rating on Micron Technology and raises the price target from $82 to $86, signaling confidence in the company's future performance.
The increase in price target by a reputable analyst typically indicates a positive outlook on the company's stock, which can lead to increased investor confidence and a potential short-term rise in the stock price. The Buy rating reaffirmation further supports this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100