Weekly Recap | Micron Tech +4.16%, consensus target above spot
Weekly Review·
- Micron Technology accumulated a 4.16% increase this week, closing at 1015.8 dollars and outperforming the S&P 500 index.
- The weekly focus centered on memory chip shortages and ChangXin Memory Technologies' plan to expand flash memory production.
- Fifty-one analysts maintained a strong consensus buy rating with a target price of 1513.11 dollars ahead of the upcoming fourth-quarter financial results.