UBS Maintains Buy on Micron Technology, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Arcuri maintains a Buy rating on Micron Technology (NASDAQ:MU) and raises the price target from $95 to $120.

March 19, 2024 | 12:30 pm
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UBS analyst Timothy Arcuri maintains a Buy rating on Micron Technology and raises the price target from $95 to $120.
The increase in price target by a reputable analyst like Timothy Arcuri from UBS is a strong positive signal for Micron Technology. It suggests a bullish outlook on the stock, likely due to anticipated strong performance or favorable market conditions. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100