Mizuho Reiterates Buy on Micron Technology, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh has reiterated a Buy rating on Micron Technology (NASDAQ:MU) and increased the price target from $124 to $130.
March 26, 2024 | 1:07 pm
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Mizuho analyst Vijay Rakesh has reiterated a Buy rating on Micron Technology and raised the price target from $124 to $130.
The reiteration of a Buy rating combined with an increased price target typically signals strong confidence in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100