Raymond James raised the firm’s price target on Micron (MU) to $190 from $150 and keeps an Outperform rating on the shares. Micron reported strong August quarter results, with AI datacenter builds driving an uptick in demand average content, providing strong pricing support for both DRAM and NAND, the analyst tells investors in a research note. The firm sees room for upward estimate revisions through the next fiscal year.
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