UBS Maintains Buy on Micron Technology, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Arcuri has reaffirmed a Buy rating on Micron Technology (NASDAQ:MU) and increased the price target from $90 to $95.
December 21, 2023 | 12:24 pm
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POSITIVE IMPACT
UBS analyst Timothy Arcuri maintains a Buy rating on Micron Technology and raises the price target to $95, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Timothy Arcuri from UBS 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