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Micron stock price target raised at Citi, Baird; shares rise https://t.co/hJdwrQ522Q https://t.co/rlTBzuB3j3
$MU Citi reiterates Micron as a top pick Citi raised its price target on the stock to $175 per share from $150 ahead of earnings later this week. “Our Top Pick Micron will report F3Q24 results on June 26 after market close and we expect the company to post results and guidance…
$MU | Citigroup Raises Micron PT to $175 from $150 Ahead of Q3 Results
Citigroup and Baird have raised their price targets for Micron ($MU) ahead of the company's Q3 results and earnings. Citigroup now sets the target at $175, while Baird sets it at $172. Analysts expect strong performance driven by higher sales and gross margins due to favorable chip pricing.