Why Micron Stock Popped on Wednesday
Micron Technology (NASDAQ: MU) stock rose 1.5% through 10 a.m. ET Wednesday after the maker of computer memory (DRAM and NAND) received a note of support from investment bank Citigroup.
Citi reaffirmed its buy rating on Micron and reiterated its $175 price target, which may not sound so great. (Same old, same old.) But here's the thing: Micron stock costs only $99 today.
And if Citi is right, it means Micron stock has more than 75% upside.
Source Fool.com
Micron Technology Inc. Aktie
Die Community bevorzugt leicht Micron Technology Inc., mit etwas mehr Buy- (107) als Sell-Einschätzungen (5).
Bei einem Kursziel von 123 € für Micron Technology Inc. deutet sich eine Steigerung von über 20% vom aktuellen Kurs von 93.63 € an.