Needham Maintains Buy on Micron Technology, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has reaffirmed a Buy rating on Micron Technology (NASDAQ:MU) and increased the price target from $85 to $100.
December 21, 2023 | 12:05 pm
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POSITIVE IMPACT
Needham analyst Quinn Bolton maintains a Buy rating on Micron Technology and raises the price target from $85 to $100, indicating a positive outlook.
The increase in price target by Needham suggests a strong conviction in the future performance of Micron Technology. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100