Stocks

Micron Technology's Projected 15% Rally Leads Analysts' Updates on Key Stocks

Published December 15, 2023

Recent shifts in Wall Street analysts' perspectives have brought fresh attention to several notable stocks. A surge of over 15% is anticipated for Micron Technology, Inc. MU as B of A Securities escalates their target from $77 to $95. This increase punctuates a series of analyst rating adjustments that include both upgrades and downgrades on various companies.

Analyzing Tech and Biopharma Forecasts

Roku, Inc. ROKU, based in San Jose, California, runs a prominent TV streaming platform and has captured the interest of technology investors. Similarly, biotechnology firm bluebird bio, Inc. BLUE operates out of Cambridge, Massachusetts and is recognized for its innovative gene therapies tackling serious genetic diseases and cancer.

Wells Fargo & Company WFC, with its expansive multinational presence, is a key player in financial services, balancing out the tech-heavy news. On the other side of technological innovation, Intel Corporation INTC continues to be a heavyweight in semiconductor manufacturing, instrumental in the proliferation of personal computers with its x86 series microprocessors.

Other Stocks in the Spotlight

The clinical-stage biopharmaceutical company, Apellis Pharmaceuticals, Inc. APLS, focuses on therapies that disrupt the complement system to address autoimmune and inflammatory illnesses. They join the list of companies under analysts' scrutiny.

Nike, Inc. NKE, a global leader in sports apparel and equipment, alongside L3Harris Technologies LHX, an American provider of defense and technology solutions, offer varied opportunities for investors. Additionally, Tempur Sealy International, Inc. TPX, a manufacturer and distributor of bedding products, and General Electric Company GE, a conglomerate with diversified industry segments, complete the array of stocks facing reevaluation by financial experts.

Micron, Roku, bluebird, WellsFargo, Intel, Apellis, Nike, L3Harris, TempurSealy, GeneralElectric