The Vetr community on Thursday upgraded Micron Technology, Inc. MU from 3 stars (Hold) to 3.5 stars (Buy). The Vetr crowd’s outlook on Micron was negative, with 65.5 percent of Vetr users giving the stock a Sell rating, 10.3 percent a Hold and 24.1 percent a Buy.
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At time of publication, Micron was trading at $60.63. The Vetr crowd still remains bullish on the stock in the long run, with an aggregated price target of $64.58 implying 7.1 percent upside.
Analyst outlook on Micron was in-line with the stock’s recent performance. Among analysts, the 12-month consensus price target on the stock is at $57.50, implying a neutral outlook.
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