Citrini researcher Jukan: Citibank's assumptions are conservative, Micron Technology (MU) may exceed earnings expectations this quarter

Odaily Planet Daily News: Citrini researcher Jukan posted on platform X, stating that after reading Citibank's earnings preview report, they believe the institution's assumptions regarding Micron Technology's product unit prices are too conservative. If market consensus is at this level, Micron Technology may have the potential to exceed expectations this quarter. Data shows that Micron Technology (MU) stock is temporarily trading at $1,133.99.

According to previous reports, multiple institutions have raised Micron Technology's (MU) target price to a range of $1,200 to $1,500, including:

Citibank raised Micron Technology's target price to $1,200; Wedbush raised Micron Technology's target price to $1,300;

Deutsche Bank and investment bank Stifel raised Micron's target price to $1,500.