Citi Sees Micron Stock Surging to $150 Following Strong Earnings

Reported about 18 hours ago

Citi analyst Christopher Danely has raised Micron Technology's stock price target to $150 after the company reported impressive fiscal Q3 results, including a 36.6% revenue increase and a 208% rise in adjusted net income. Despite market fluctuations, Micron's strong performance in the AI data center segments and its ongoing investments in innovation have led to a positive outlook. Other analysts also share enthusiasm, with the average price target among thirty analysts standing at $150.72, indicating significant growth potential.

Source: YAHOO

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