Citigroup Maintains Buy on Micron Technology, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Danely has reaffirmed a Buy rating on Micron Technology (NASDAQ:MU) and increased the price target from $88 to $95, indicating a positive outlook on the stock.
December 21, 2023 | 12:17 pm
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Citigroup analyst Christopher Danely maintains a Buy rating on Micron Technology and raises 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 positive outlook on the company's stock, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100