Micron's stock has doubled this year. Why Morgan Stanley is finally upgrading it.

Core Viewpoint - The Morgan Stanley analyst expresses optimism regarding the significant increase in memory prices, which is expected to lead to "substantially higher earnings power" for Micron [1] Group 1 - Memory prices are experiencing a boom, which is positively impacting the earnings potential of Micron [1] - The phrase "Better late than never" indicates a delayed but positive market response to memory price increases [1]