There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Micron (MU – Research Report) and CI&T (CINT – Research Report) with bullish sentiments.
Micron (MU)
Citi analyst Christopher Danely reiterated a Buy rating on Micron today and set a price target of $75.00. The company’s shares closed last Friday at $68.17.
According to TipRanks.com, Danely is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Micron with a $70.29 average price target.
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CI&T (CINT)
Citi analyst Ashwin Shirvaikar maintained a Buy rating on CI&T yesterday and set a price target of $6.00. The company’s shares closed last Friday at $3.57, close to its 52-week low of $3.34.
According to TipRanks.com, Shirvaikar is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for CI&T with a $7.25 average price target, a 90.8% upside from current levels. In a report issued on May 10, Bank of America Securities also maintained a Buy rating on the stock with a $7.00 price target.
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Read More on MU:
- Beijing Bans Micron (NASDAQ:MU); China-U.S. Trade War Escalates
- Micron Launches U.S.-Japan University Partnership for Workforce Advancement and Research & Development in Semiconductors (UPWARDS) for the Future
- Nvidia Drives Gains Throughout the Chip Sector
- Micron (NASDAQ:MU) Bets on Japan for Advanced Chip Manufacturing
- Micron to Bring EUV Technology to Japan, Advancing Next-Generation Memory Manufacturing
