Memory Stocks Dip, but Micron’s (MU) Outlook Remains Strong, According to Morgan Stanley
Market Intelligence Analysis
AI-PoweredMicron Technology has received a price target increase from Morgan Stanley, now set at $338, indicating strong confidence in the company's performance despite recent declines in memory stocks. The firm maintains an Overweight rating, suggesting that Micron is expected to outperform the market.
Market impact analysis based on bullish sentiment with 79% confidence.
Article Context
Micron Technology, Inc. (NASDAQ:MU) is included among the 15 Dividend Stocks that Outperform the S&P 500. On November 24, Morgan Stanley raised its price target on Micron Technology, Inc. (NASDAQ:MU) to $338 from $325 while maintaining an Overweight rating. The analyst noted that while memory stocks have recently declined amid concerns about higher capital spending […]
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