Morgan Stanley Maintains Equal-Weight on Micron Technology, Raises Price Target to $114
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Equal-Weight rating on Micron Technology while raising its price target from $100 to $114, indicating a positive outlook on the stock.
September 26, 2024 | 3:15 pm
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Morgan Stanley has maintained an Equal-Weight rating on Micron Technology and increased its price target from $100 to $114, suggesting a positive outlook on the stock.
The increase in price target from $100 to $114 by Morgan Stanley indicates a positive sentiment towards Micron Technology's future performance. Although the rating remains Equal-Weight, the raised target suggests potential upside, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100