B of A Securities Maintains Buy on Micron Technology, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Vivek Arya maintains a Buy rating on Micron Technology (NASDAQ:MU) and raises the price target from $100 to $120, indicating a positive outlook on the company's future performance.
March 21, 2024 | 5:35 pm
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B of A Securities analyst Vivek Arya maintains a Buy rating on Micron Technology and raises the price target from $100 to $120.
The increase in the price target from $100 to $120 by a reputable analyst suggests a strong confidence in Micron Technology's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100