Needham Maintains Buy on Micron Technology, Lowers Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton maintains a Buy rating on Micron Technology but lowers the price target from $150 to $140.

August 26, 2024 | 9:46 am
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Needham analyst Quinn Bolton maintains a Buy rating on Micron Technology but lowers the price target from $150 to $140.
The analyst's decision to maintain a Buy rating suggests continued confidence in Micron's performance, but the lowered price target indicates a more cautious outlook on its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100