Check Out What Whales Are Doing With Micron Technology
Portfolio Pulse from Benzinga Insights
Wealthy investors have taken a bearish stance on Micron Technology (NASDAQ:MU), as observed through 27 uncommon options trades. The sentiment is split with 33% bullish and 51% bearish. Analysts maintain positive ratings with a consensus target price of $167.0.
June 20, 2024 | 2:31 pm
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Wealthy investors have taken a bearish stance on Micron Technology (NASDAQ:MU), as observed through 27 uncommon options trades. The sentiment is split with 33% bullish and 51% bearish. Analysts maintain positive ratings with a consensus target price of $167.0.
The bearish sentiment from wealthy investors, as indicated by the options trades, suggests a potential short-term decline in MU's stock price. However, the positive analyst ratings and target prices provide a counterbalance, indicating mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100