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Wall Street analysts update Micron (MU) stock price target

Wall Street analysts update Micron (MU) stock price target

Multiple prominent Wall Street analysts took Micron’s (NASDAQ: MU) latest earnings report – published on September 30 – to provide their revised 12-month stock ratings and price targets.

To begin with, Mizuho Securities’ Vijay Rakesh reiterated his previous MU ‘Buy’ rating on Wednesday, but upgraded the forecast from $1,300 – 22.05% higher than the latest close at $1,065.11 – to $1,400, a 31.44% anticipated upside.

James Schneider from Goldman Sachs, however, proved less bullish on the same day, repeating the previous ‘Hold’ recommendation and maintaining the $1,100 Micron stock price target.

On October 1 – hours after the quarterly earnings were published – TD Cowen analyst Krish Sankar proved…

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