Micron Technology, Inc. Share Price Target ‘$161.37’, now 21.7% Upside Potential

Broker Ratings
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Micron Technology, Inc. with ticker code (MU) now have 30 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $397.81 and $120.14 with the average share target price sitting at $161.37. (at the time of writing). Now with the previous closing price of $132.59 this would imply there is now a potential upside of 21.7%. The day 50 moving average is $128.24 while the 200 day moving average is $96.13. The company has a market capitalization of 151.71B. The current share price for the company is: $136.82 USD

The potential market cap would be $184,641,992,813 based on the market consensus.

The company has a dividend yield of 2.05%. Other points of data to note are a P/E ratio of -, revenue per share of $19.39 and a -1.57% return on assets.

Micron Technology, Inc. is a provider of memory and storage solutions. The Company’s product portfolio includes dynamic random-access memory (DRAM), negative-AND (NAND), three-dimensional (3D) XPoint memory, and NOR, solid-state drives, graphics and high bandwidth memory (HBM), managed NAND and multichip packages. Its brands include Micron and Crucial. The Company’s segments include Compute and Networking Business Unit (CNBU) includes memory products sold into client, cloud server, enterprise, graphics, and networking markets; Mobile Business Unit (MBU) includes memory and storage products sold into smartphone and other mobile-device markets; Storage Business Unit (SBU) includes solid state drives (SSDs) and component-level solutions sold into enterprise and cloud, client, and consumer storage markets and other discrete storage products; Embedded Business Unit (EBU) includes memory and storage products sold into automotive, industrial, and consumer markets.

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