Baird Maintains Outperform on Micron Technology, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Tristan Gerra maintains an Outperform rating on Micron Technology but lowers the price target from $172 to $150.
September 27, 2024 | 11:10 am
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NEUTRAL IMPACT
Baird analyst Tristan Gerra continues to rate Micron Technology as Outperform, indicating confidence in the company's performance. However, the price target is reduced from $172 to $150, suggesting a more conservative outlook on its stock price.
The Outperform rating suggests continued positive sentiment towards Micron's performance, but the lowered price target indicates a tempered expectation for its stock price. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100