Tag: MU

Analysts have been eager to weigh in on the Technology sector with new ratings on Micron (MU – Research Report) and Beam Global (BEEM – Research Report).

Micron (MU)

In a report released yesterday, Aaron Rakers from Wells Fargo maintained a Buy rating on Micron, with a price target of $135.00. The company’s shares closed last Wednesday at $116.33.

According to TipRanks.com, Rakers is a top 100 analyst with an average return of 25.9% and a 67.6% success rate. Rakers covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Advanced Micro Devices, and Keysight Technologies.

Currently, the analyst consensus on Micron is a Strong Buy with an average price target of $131.09, which is a 7.4% upside from current levels. In a report issued on April 8, KeyBanc also maintained a Buy rating on the stock with a $150.00 price target.

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Beam Global (BEEM)

Needham analyst Chris Pierce reiterated a Hold rating on Beam Global today. The company’s shares closed last Wednesday at $6.20, close to its 52-week low of $5.00.

According to TipRanks.com, Pierce is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -25.7% and a 28.9% success rate. Pierce covers the NA sector, focusing on stocks such as ChargePoint Holdings, Rivian Automotive, and Lucid Group.

The word on The Street in general, suggests a Hold analyst consensus rating for Beam Global.

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Read More on MU:

• ARM Stock (NASDAQ:ARM): What’s Behind the 12% Drop?
• Silvaco announces expanded partnership with Micron
• Micron announces 232-layer QLC NAND now in mass production
• Micron First to Production of 200+ Layer QLC NAND in Client and Data Center
• Micron’s DRAM supply hurt by Taiwan earthquake, Reuters says