The Analyst Landscape: 22 Takes On Micron Technology
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on Micron Technology (NASDAQ:MU), with recent ratings showing a mix of bullish and bearish sentiments. The average 12-month price target has decreased by 8.11% to $141.18. Despite positive revenue growth, Micron faces challenges with profitability and returns.
October 08, 2024 | 2:00 pm
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Micron Technology has received mixed analyst ratings, with a decrease in the average 12-month price target to $141.18. Despite a strong revenue growth rate of 93.27%, the company faces challenges in profitability and returns.
The article highlights a mix of bullish and bearish analyst ratings for Micron Technology, with a notable decrease in the average price target. This suggests a neutral short-term impact as positive revenue growth is offset by profitability challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100