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Citrini Analyst Jukan: Citibank’s Report Is Conservative; Micron Technology (MU) May Exceed Expectations in This Quarter’s Earnings
Svmuu News: Jukan, a researcher at the well-known investment research firm Citrini, posted on X stating that after reviewing Citigroup’s earnings preview report, he believes the firm’s assumptions regarding Micron’s average selling price are too conservative. If market consensus aligns with this view, Micron may outperform expectations this quarter.Data shows that Micron’s (MU) stock price is currently trading at $1,133.99. In related news, several institutions have raised their price targets for Micron (MU) to between $1,200 and $1,500, including: Citigroup raised its price target for Micron to $1,200;Wedge Bush raised its target price for Micron to $1,300; Deutsche Bank and investment bank Stifel raised their target price for Micron to $1,500.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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