business / news / / Benzinga
Micron Technology Inc (NASDAQ:MU) shares are trading higher Wednesday.
Seagate projected fourth-quarter revenue of $3.45 billion, indicating 41% year-over-year growth.
KEY POINTS
- DA Davidson initiated Micron coverage with a Buy rating and a $1,000 price target.
- Micron shares are trading 20.7% above their 20-day SMA and 94.4% above their 200-day SMA.
- A golden cross for Micron occurred in June 2025, supporting a strong trend-following environment.
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