Check Out What Whales Are Doing With Micron Technology
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in Micron Technology (NASDAQ:MU) with a mix of bullish and bearish options activities. The options activity suggests a price target range of $87.5 to $150.0. Micron's stock is currently down by 2.25% at $107.35, with an RSI indicating it may be approaching oversold territory. An analyst from Keybanc maintains an Overweight rating with a price target of $165.
August 01, 2024 | 2:02 pm
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Deep-pocketed investors are showing significant interest in Micron Technology with a mix of bullish and bearish options activities. The options activity suggests a price target range of $87.5 to $150.0. Micron's stock is currently down by 2.25% at $107.35, with an RSI indicating it may be approaching oversold territory. An analyst from Keybanc maintains an Overweight rating with a price target of $165.
The significant options activity, both bullish and bearish, indicates heightened interest and potential volatility in Micron's stock. The current price drop and RSI suggest it may be oversold, which could attract buyers. The analyst's Overweight rating and high price target further support a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100