Citrini researcher Jukan: Citi's report is conservative; Micron Technology (MU) may outperform expectations this quarter
Odaily reported that Jukan, a researcher at the well-known investment research institution Citrini, posted on the X platform stating that after reading a performance preview report from a certain exchange, he believes the institution's assumptions regarding Micron Technology's product unit prices are too conservative. If the market consensus is at this level, Micron Technology may exceed expectations this quarter. Data shows Micron Technology's stock price is currently reported at $1,133.99.
Previous reports indicated that several institutions have raised their target price for Micron Technology to between $1,200 and $1,500. Among them:
A certain exchange raised Micron Technology's target price to $1,200; Wedbush increased Micron Technology's target price to $1,300;
Deutsche Bank and investment bank Stifel raised the target price for Micron to $1,500.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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