Micron (MU) Receives a Hold from Susquehanna

Susquehanna analyst Mehdi Hosseini reiterated a Hold rating on Micron (MUResearch Report) yesterday. The company’s shares closed last Monday at $43.43.

According to TipRanks.com, Hosseini is a 4-star analyst with an average return of 9.9% and a 49.0% success rate. Hosseini covers the Consumer Goods sector, focusing on stocks such as Advanced Energy Industries, Hewlett Packard Enterprise, and Applied Materials Inc.

Currently, the analyst consensus on Micron is a Moderate Buy with an average price target of $46.95.

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The company has a one-year high of $53.68 and a one-year low of $28.39. Currently, Micron has an average volume of 28.66M.

Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is neutral on the stock.

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Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU); Mobile Business Unit (MBU); Storage Business Unit (SBU); and Embedded Business Unit (EBU).