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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Read More on MU:
- Positive Outlook for Micron: Buy Rating Backed by Strong Revenue Potential and Market Dynamics
- MU Earnings: Micron Stock Leaps on Guidance Update
- Micron’s Strategic Advancements and Market Positioning Drive Buy Rating with $200 Price Target
- Micron price target raised to $155 from $150 at Mizuho
- Micron’s Strong Q4 Results and DRAM Market Performance Justify Buy Rating and $150 Price Target
