Micron Technology Inc (NASDAQ:MU) shares are trading higher Monday after multiple analysts lifted price targets on the stock ahead of earnings.
What To Know: Cantor Fitzgerald analyst CJ Muse on Monday maintained Micron with an Overweight rating and raised the price target from $100 to $120. Barclays analyst Tom O’Malley also maintained Micron with an Overweight rating and raised the price target from $95 to $120. Rosenblatt analyst Hans Mosesmann reiterated Micron with a Buy rating and maintained a price target of $140.
Several other analysts have raised price targets in recent weeks leading up to Micron’s second-quarter earnings report, which is due ...