Goldman Sachs Maintains Buy on Micron Technology, Raises Price Target to $97
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has reaffirmed a Buy rating on Micron Technology (NASDAQ:MU) and increased the price target from $85 to $97, signaling confidence in the company's future performance.
December 21, 2023 | 10:59 am
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Goldman Sachs analyst Toshiya Hari maintains a Buy rating on Micron Technology and raises the price target to $97, indicating a positive outlook for the stock.
The increase in price target by a reputable analyst like Goldman Sachs typically instills confidence among investors and can lead to a short-term increase in the stock price. The Buy rating reaffirmation further supports the positive sentiment.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100