B of A Securities Maintains Buy on Micron Technology, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Vivek Arya has reaffirmed a Buy rating on Micron Technology (NASDAQ:MU) and increased the price target from $95 to $100.
December 21, 2023 | 12:28 pm
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POSITIVE IMPACT
B of A Securities analyst Vivek Arya maintains a Buy rating on Micron Technology and raises the price target to $100.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence. As a result, this can have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100