Equities research analysts at Robert W. Baird raised their price target on shares of Micron Technology (NASDAQ: MU) from $10.00 to $12.00 in a research note issued to investors on Friday. The firm currently has an “outperform” rating on the stock.

A number of other analysts have also recently weighed in on MU. Analysts at RBC Capital raised their price target on shares of Micron Technology from $10.00 to $12.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Piper Jaffray raised their price target on shares of Micron Technology from $11.00 to $12.00 in a research note to investors on Friday. They now have an “overweight” rating on the stock. Finally, analysts at Nomura raised their price target on shares of Micron Technology from $8.00 to $9.00 in a research note to investors on Friday. They now have a “neutral” rating on the stock.

One investment analyst has rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $11.75.

Shares of Micron Technology (NASDAQ: MU) traded up 10.69% during mid-day trading on Friday, hitting $10.04. Micron Technology has a 52 week low of $5.16 and a 52 week high of $9.75. The stock’s 50-day moving average is currently $8.39. The company’s market cap is $10.259 billion.

Micron Technology, Inc., is a global manufacturer and marketer of semiconductor devices, principally NAND Flash, DRAM and NOR Flash memory, as well as other memory technologies, packaging solutions and semiconductor systems for use in computing, consumer, networking, automotive, industrial, embedded and mobile products.

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