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Do Analysts Agree Monday on Micron Technology Inc (MU) Stock's Target Price?

Monday, March 20, 2023 11:52 AM | InvestorsObserver Analysts

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Do Analysts Agree Monday on Micron Technology Inc (MU) Stock's Target Price?

InvestorsObserver is giving Micron Technology Inc (MU) an Analyst Rating Rank of 52, meaning MU is ranked higher by analysts than 52% of stocks. The average price target for MU is $65.956 and analyst’s rate the stock as a Strong Buy.

Overall Score - 4.3
Wall Street analysts are rating MU a Strong Buy today. Find out what this means to you and get the rest of the rankings on MU!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Micron Technology Inc Stock Today?

Micron Technology Inc (MU) stock is trading at $57.08 as of 11:39 AM on Monday, Mar 20, a gain of $0.42, or 0.74% from the previous closing price of $56.66. The stock has traded between $56.08 and $57.08 so far today. Volume today is below average. So far 3,903,695 shares have traded compared to average volume of 12,886,696 shares. Click Here to get the full Stock Report for Micron Technology Inc stock.

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