Micron Technology shares are trading higher after Cantor Fitzgerald and Barclays analysts raised their price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
Micron Technology's stock price increased following price target upgrades by Cantor Fitzgerald and Barclays analysts.
March 18, 2024 | 10:52 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Micron Technology's stock price is likely to experience short-term gains following the positive price target revisions by Cantor Fitzgerald and Barclays.
Analyst upgrades or positive revisions in price targets generally lead to increased investor confidence and can drive short-term price increases. The specific mention of Cantor Fitzgerald and Barclays, both reputable financial institutions, upgrading their price targets for Micron Technology suggests a strong bullish sentiment towards the stock, likely influencing both current and potential investors positively.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100