Mizuho Maintains Buy on Micron Technology, Raises Price Target to $95
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 $86 to $95, indicating a positive outlook on the company's stock.
December 21, 2023 | 11:00 am
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Mizuho analyst Vijay Rakesh has reaffirmed a Buy rating on Micron Technology and raised the price target to $95, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's growth prospects and financial health. This can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100