Keybanc Maintains Overweight on Micron Technology, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst John Vinh has maintained an Overweight rating on Micron Technology (NASDAQ:MU) and increased the price target from $100 to $115.
January 16, 2024 | 9:33 am
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Keybanc analyst John Vinh has reaffirmed Micron Technology's Overweight rating and raised the price target to $115, indicating a positive outlook on the stock.
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, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100