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CITIGROUP HIKES $MU AND $SNDK TARGETS — OLD RESISTANCE NOW SUPPORT 🔥
Target $MU : 1400 🚀
Target $SNDK : 2500 🚀
Citigroup just lifted its price target on Micron from $1200 to $1400 and on SanDisk from $2025 to $2500. That’s a ~17% and ~23% increase, respectively — institutional conviction is accelerating despite recent sector weakness. The previous targets acted as resistance on the daily; now they become structural support zones.
Volume was already picking up in both names ahead of this upgrade. The question is whether the market respects these levels as a re-entry zone or gaps straight to the new targets.
Not financial advice. Always manage your risk.
#MU #SNDK #StockUpgrade #PriceTarget #InstitutionalBuying
🔥
Target $MU : 1400 🚀
Target $SNDK : 2500 🚀
Citigroup just lifted its price target on Micron from $1200 to $1400 and on SanDisk from $2025 to $2500. That’s a ~17% and ~23% increase, respectively — institutional conviction is accelerating despite recent sector weakness. The previous targets acted as resistance on the daily; now they become structural support zones.
Volume was already picking up in both names ahead of this upgrade. The question is whether the market respects these levels as a re-entry zone or gaps straight to the new targets.
Not financial advice. Always manage your risk.
#MU #SNDK #StockUpgrade #PriceTarget #InstitutionalBuying
🔥
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