This Is What Whales Are Betting On Micron Technology
Portfolio Pulse from Benzinga Insights
Wealthy investors are showing a bullish stance on Micron Technology (NASDAQ:MU) with significant options trades. Benzinga's options scanner detected 75 uncommon trades, with a majority being calls. Analysts have also issued positive ratings, with price targets around $147.5 to $150.
May 15, 2024 | 7:31 pm
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Wealthy investors are showing a bullish stance on Micron Technology (NASDAQ:MU) with significant options trades. Benzinga's options scanner detected 75 uncommon trades, with a majority being calls. Analysts have also issued positive ratings, with price targets around $147.5 to $150.
The detection of 75 uncommon options trades, with a majority being calls, indicates a bullish sentiment among wealthy investors. Additionally, analysts have issued positive ratings with high price targets, further supporting a potential short-term price increase.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100