Citigroup Maintains Buy on Micron Technology, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Danely maintains a Buy rating on Micron Technology (NASDAQ:MU) and raises the price target from $95 to $150.
March 15, 2024 | 11:41 am
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Citigroup maintains a Buy rating on Micron Technology and raises the price target from $95 to $150.
The increase in price target by a significant margin from $95 to $150 by Citigroup, a major financial institution, is a strong bullish signal for Micron Technology. This adjustment reflects a positive outlook on the company's future performance and is likely to influence investor sentiment positively in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100