Analyst Lifts Micron Price Target to Street High on AI Memory Demand
MU•An analyst set a fresh Street-high price target for Micron, highlighting AI-driven DRAM and NAND demand growth. Broader AI chip coverage saw JPMorgan downgrade Meta, BofA urge a dividend hike for Nvidia and Goldman reaffirm Microsoft Buy after Q3 beat.
1. Analyst Raises Micron Price Target
An analyst raised Micron's price target to a new Street-high level, citing expected acceleration in DRAM and NAND demand fueled by generative AI applications. The upgrade reflects confidence in Micron's capacity expansions and technology leadership in memory solutions critical to data center workloads.
