Weekly Recap | Micron Tech -4.07%, consensus target above spot
Weekly Review·
- Micron Technology shares fell 4.07 % this week to close at 975.26 USD, underperforming the S & P 500 amid labor developments and competitive pressures.
- Despite the weekly decline, 51 covered institutions maintain a strong buy consensus with an average target price of 1,513.11 USD, which is 55.15 % above the current price.
- Upcoming market focus centers on macroeconomic data releases and Micron's fourth-quarter fiscal 2026 earnings report scheduled for September 30.