Micron Stock Slips Despite Record Q4, Analyst Price Hikes. Here’s Why MU Stock Is Still a Buy
Source: 24/7 Wall St. ·
Micron Technology (NASDAQ:MU) stock fell 1.72% to $1,046.79 despite record fiscal Q4 results and analyst price target increases. Goldman Sachs (NYSE:GS) raised its target to $1,250 from $1,100, Mizuho (NYSE:MFG) to $1,400, and Rosenblatt to $1,900, while Morningstar (NASDAQ:MORN) cut its fair value to $700 from $850. Wall Street disagrees on cycle duration, but bulls […]