JP Morgan Maintains Overweight on Micron Technology, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Harlan Sur has maintained an Overweight rating on Micron Technology (NASDAQ:MU) and increased the price target from $105 to $130.
March 21, 2024 | 12:33 pm
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JP Morgan analyst Harlan Sur has reaffirmed an Overweight rating on Micron Technology and raised the price target from $105 to $130.
The increase in price target by a reputable analyst like Harlan Sur from JP Morgan is a strong positive signal for Micron Technology. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100