Keybanc Maintains Overweight on Micron Technology, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst John Vinh has maintained an Overweight rating on Micron Technology (NASDAQ:MU) and increased the price target from $90 to $100.
December 21, 2023 | 9:30 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Keybanc analyst John Vinh reaffirmed an Overweight rating on Micron Technology and raised the price target to $100, indicating a positive outlook on the stock.
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