Raymond James Maintains Outperform on Micron Technology, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Srini Pajjuri maintains an Outperform rating on Micron Technology but lowers the price target from $160 to $125.
September 12, 2024 | 12:25 pm
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Raymond James has maintained its Outperform rating on Micron Technology but has lowered the price target from $160 to $125, indicating a more cautious outlook.
The maintenance of an Outperform rating suggests continued confidence in Micron's performance, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company-specific factors. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100