Micron price target raised to $185 from $155 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on Micron (MU) to $185 from $155 and keeps an Overweight rating on the shares. Cantor continues to view Semi stocks as a must-own, but also recognizes the group is at the center of this great friction and will prove to be volatile, the analyst tells investors in a research note. The firm expects Micron to post a beat and raise, driven by sustained data center demand strength and a recovering Consumer business.