Mizuho raised the firm’s price target on Micron (MU) to $130 from $124 and keeps an Outperform rating on the shares ahead of the company’s earnings report on June 25. The firm sees industry high bandwidth memory revenue growing 55% annually through 2027. Micron’s high bandwidth memory revenue should grow 90% annually, driven by market share gains gaining market share, and reach 45% the company’s DRAM revenue, driving sales and margin upside, the analyst tells investors in a research note. Mizuho is a buyer of the stock into the June 25 earnings, seeing potential upside
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