Why Micron Stock Popped on Wednesday
Micron Technology (NASDAQ: MU) stock rose 1.5% through 10 a.m. ET Wednesday after the maker of computer memory (DRAM and NAND) received a note of support from investment bank Citigroup.
Citi reaffirmed its buy rating on Micron and reiterated its $175 price target, which may not sound so great. (Same old, same old.) But here's the thing: Micron stock costs only $99 today.
And if Citi is right, it means Micron stock has more than 75% upside.
Source Fool.com
Micron Technology Inc. Stock
€753.90
-1.440%
With 159 Buy predictions and 1 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 1297 € there is a hugely positive potential of 72.04% for Micron Technology Inc. compared to the current price of 753.9 €.
