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Micron price target raised to $155 from $150 at Deutsche Bank

Deutsche Bank raised the firm’s price target on Micron (MU) to $155 from $150 and keeps a Buy rating on the shares. The company increased its August quarter guidance on stronger DRAM pricing, the analyst tells investors in a research note. The firm adds that Micron is confident can sell out its 2026 high bandwidth memory supply.

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