Stifel Maintains Buy on Micron Technology, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brian Chin maintains a Buy rating on Micron Technology but lowers the price target from $165 to $135.
September 19, 2024 | 3:30 pm
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Stifel analyst Brian Chin continues to recommend buying Micron Technology stock but has reduced the price target from $165 to $135, indicating a more conservative outlook.
The maintained Buy rating suggests continued confidence in Micron's prospects, but the lowered price target reflects a more cautious stance, possibly due to market conditions or company-specific factors. This mixed signal may result in neutral short-term price movement.
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IMPORTANCE 80
RELEVANCE 100