Micron Technology shares are trading higher after Baird upgraded the stock from Neutral to Outperform and raised its price target from $115 to $150.
Portfolio Pulse from Benzinga Newsdesk
Micron Technology's stock (MU) is trading higher following an upgrade by Baird from Neutral to Outperform, with a price target increase from $115 to $150.
May 06, 2024 | 10:44 am
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Micron Technology's stock received a significant upgrade from Baird, moving from Neutral to Outperform, alongside a price target hike from $115 to $150.
The upgrade by Baird to Outperform and the increase in price target to $150 are strong indicators of confidence in Micron Technology's future performance. This analyst action can significantly influence investor sentiment and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100