Cantor Fitzgerald raised the firm’s price target on Micron (MU) to $450 from $350 and keeps an Overweight rating on the shares. Discussions with management reinforced improving fundamentals across DRAM and NAND, with supply tightness expected to persist into CY27, the analyst tells investors in a research note. This supports continued positive momentum, likely estimate revisions, and a path to roughly $50 CY26 EPS versus $38 consensus, with further earnings growth in CY27, Cantor says.
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