Form 8-K MICRON TECHNOLOGY INC For: Mar 11

Go back to Form 8-K MICRON TECHNOLOGY INC For: Mar 11

Micron Technology (MU) PT Raised to $120 at Wolfe Research

March 13, 2024 6:04 AM EDT

Wolfe Research analyst Chris Caso raised the price target on Micron Technology (NASDAQ: MU) to $120.00 (from $100.00) while maintaining a Outperform rating.

The analyst comments "Our $120 target is based on ~14x our CY25 EPS of $8.39, slightly above MU's ~11x normalized historical EPS multiple. We see... More