UBS analyst Timothy Arcuri raised his price target on Micron Technology to $1,625, nearly triple the prior target, signaling a much more constructive view on the stock and the semiconductor rally. The move is clearly positive for Micron and supports broader optimism across the chip sector, though it is still analyst commentary rather than a fundamental company update.
UBS analyst Timothy Arcuri raised his price target on Micron Technology to $1,625, nearly triple the prior target, signaling a much more constructive view on the stock and the semiconductor rally. The move is clearly positive for Micron and supports broader optimism across the chip sector, though it is still analyst commentary rather than a fundamental company update.
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moderately positive
Sentiment Score
0.45
Ticker Sentiment
