Micron (MU) Tops Q3 Results and Guidance, Sells Utah Fab for $1.5 Billion, Shares Lower as Analyst Downgrades to 'Hold' on Peaking Favorable Industry Dynamics

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Go back to Micron (MU) Tops Q3 Results and Guidance, Sells Utah Fab for $1.5 Billion, Shares Lower as Analyst Downgrades to 'Hold' on Peaking Favorable Industry Dynamics

Micron Technology (MU) PT Raised to $120 at KeyBanc

July 1, 2021 9:59 AM EDT

KeyBanc analyst John Vinh raised the price target on Micron Technology (NASDAQ: MU) to $120.00 (from $115.00) while maintaining an Overweight rating.

The analyst commented, "MU posted strong results and guidance, as demand across both DRAM and NAND remained strong amid very tight supply... More