TD Cowen Maintains Outperform on Micron Technology, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Krish Sankar maintains an Outperform rating on Micron Technology (NASDAQ:MU) and raises the price target from $120 to $150.
March 21, 2024 | 3:37 pm
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POSITIVE IMPACT
TD Cowen analyst Krish Sankar maintains an Outperform rating on Micron Technology and raises the price target from $120 to $150.
The increase in price target by a reputable analyst like Krish Sankar from TD Cowen is a strong positive signal for Micron Technology. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation. This kind of analyst action often leads to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100