Micron Technology's Earnings Review: A Closer Look at Bz Trends
Wednesday, 25 September 2024, 06:14
Micron Technology Earnings Insights
Micron Technology (NASDAQ: MU) is gearing up for its Q4 earnings announcement on Wednesday. Investors are watching closely as the stock has risen by 37% during the last year, further increasing by 14% year-to-date. The charts reveal a mixed picture; while there are bullish signals in the short term, the long-term outlook appears bearish.
Chart Analysis
Investors are concerned about future performance despite a solid recent history. Analysts continue to endorse Micron with a Buy recommendation, setting a price target of $146.
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