Micron Technology(US:MU) 智通财经网·2025-10-16 07:13Core Viewpoint - Morgan Stanley upgraded Micron Technology (MU.US) from "Hold" to "Overweight" and raised its target price from $160 to $220 due to sustained price increases in core DRAM products that exceed market expectations [1] Group 1: Market Demand and Supply - Strong demand for servers and storage solutions has led buyers to express concerns about product supply for the entire year of 2026, with expectations of tight supply in the coming quarters [1] - Server memory products, including DDR5 solutions, are projected to see double-digit price increases in Q4 2024 and Q1 2025, indicating that current market forecasts may be overly conservative [1] Group 2: Company Performance - Despite Micron Technology's recent strong performance, Morgan Stanley believes there is further upside potential for its stock price [1] - Micron Technology is recognized as a leading semiconductor technology company, known for its innovative memory and storage solutions, offering a range of products including high-performance DRAM, NAND, and NOR [1]