Reported about 2 months ago
Micron Technology's stock price increased by 1.5% following Citigroup's reaffirmation of a buy rating and a price target of $175. Despite a slight reduction in revenue and earnings forecasts for 2024 due to DRAM inventory concerns, Citi remains bullish on the stock, noting the potential for a substantial upside given its current price of around $99.
Source: YAHOO