Micron shares are trading higher after B of A Securities raised its price target on the stock from $144 to $170.
Portfolio Pulse from Benzinga Newsdesk
Micron shares are trading higher after B of A Securities raised its price target on the stock from $144 to $170.
June 17, 2024 | 11:33 am
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POSITIVE IMPACT
Micron shares are experiencing an upward trend following B of A Securities' decision to raise its price target from $144 to $170.
The increase in the price target by a major financial institution like B of A Securities is a strong positive signal for investors, likely leading to increased buying activity and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100