Susquehanna Maintains Positive on Micron Technology, Raises Price Target to $112
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Mehdi Hosseini has maintained a Positive rating on Micron Technology (NASDAQ:MU) and increased the price target from $90 to $112.
December 18, 2023 | 11:53 am
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POSITIVE IMPACT
Susquehanna analyst Mehdi Hosseini reaffirmed a Positive rating on Micron Technology and raised the price target to $112, indicating a bullish outlook.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100