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Brokers Suggest Investing in Micron (MU): Read This Before Placing a Bet

Zacks Investment Research·
Brokers Suggest Investing in Micron (MU): Read This Before Placing a Bet

Wall Street brokers maintain a strong buy recommendation for Micron with an average brokerage recommendation of 1.29 (Strong Buy), with 34 of 42 firms rating it as Strong Buy. However, the article cautions that brokerage recommendations often carry positive bias due to institutional vested interests. Micron received a Zacks Rank #2 (Buy) rating based on earnings estimate revisions, with consensus estimates at $73.86 for the current year.

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