Citi Resets Micron Target; Stock Surges Past Buy Point — SkimNews
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- Citi reset its Micron price target following a surprise, per Yahoo Finance coverage.
- Micron was named IBD Stock of the Day after surging past an early buy point ahead of earnings, while a Seeking Alpha preview argues the market is undervaluing the stock — again (NASDAQ:MU).
Why it matters: With Micron earnings imminent, Citi's target reset after a surprise and IBD's buy-point breakout show analysts and technicians are repositioning into the print, while Seeking Alpha's 'Again' framing turns the undervaluation debate into a recurring quarterly ritual.
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