Wolfe Raises Micron (MU) Price Target to $180, Citing AI Memory Tailwinds

Micron Technology, Inc. (NASDAQ:MU) is one of the AI Stocks Making Big Moves on Wall Street. On September 17, Wolfe reiterated the stock as “Outperform” and raised its price target to $180 per share from $160. According to the firm, the outlook in commodity memory continues to improve with multiple AI tailwinds. “Reiterate Outperform rating, increasing PT to $180 price target. Our $180 price target is based on ~11x our FY27 EPS of $16.43. Following MU’s positive pre-announcement in August, NAND sentiment ...