Citigroup Maintains Buy on Micron Technology, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Danely maintains a Buy rating on Micron Technology but lowers the price target from $175 to $150.
September 17, 2024 | 3:20 pm
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NEUTRAL IMPACT
Citigroup's analyst Christopher Danely continues to recommend buying Micron Technology stock, but has reduced the price target from $175 to $150.
The Buy rating suggests continued confidence in Micron's potential, but the lowered price target indicates a more cautious outlook on its short-term valuation. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100