Barclays Maintains Overweight on Micron Technology, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tom O'Malley has maintained an Overweight rating on Micron Technology (NASDAQ:MU) and increased the price target from $120 to $145.
May 13, 2024 | 6:08 pm
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Barclays analyst Tom O'Malley reaffirmed an Overweight rating on Micron Technology and raised the price target from $120 to $145, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Tom O'Malley suggests a strong confidence in Micron Technology's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100