A Citrini researcher said Citibank’s earnings preview report may be using overly conservative assumptions for Micron Technology’s product pricing, suggesting the company could exceed expectations this quarter if market consensus aligns with those assumptions.
According to Odaily, Citrini researcher Jukan wrote on X that after reading Citi’s preview report, he believes the institution’s assumptions on Micron’s product unit prices are too cautious.
The report also cited data showing Micron (MU) shares were recently quoted at $1,133.99.
Separately, the article said multiple institutions have raised their price targets for Micron to a range of $1,200 to $1,500. It listed Citibank raising its target to $1,200, Wedbush raising its target to $1,300, and Deutsche Bank and investment bank Stifel raising their targets to $1,500.
STOCKS | Citrini Researcher Says Citi’s Micron Pricing Assumptions Are Too Conservative
2026-06-21 08:23:41
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