B of A Securities Maintains Buy on Micron Technology, Raises Price Target to $144
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Vivek Arya has maintained a Buy rating on Micron Technology (NASDAQ:MU) and increased the price target from $120 to $144. This adjustment reflects a positive outlook on the company's future performance.
April 01, 2024 | 2:07 pm
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B of A Securities has reaffirmed its Buy rating on Micron Technology and raised the price target to $144, indicating a strong confidence in the company's future performance.
The increase in price target by a reputable analyst such as Vivek Arya suggests a strong belief in Micron Technology's potential for growth. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100