BNP Paribas Exane Upgrades Micron Technology (MU) To Outperform, Raises PT

Group 1 - Micron Technology, Inc. has been upgraded from Underperform to Outperform by BNP Paribas Exane, with a new price target raised from $100 to $270 [1] - The analyst from BNP Paribas Exane believes that Micron and the memory sector are entering the early stages of a super cycle, indicating strong growth potential [2] - UBS analyst Timothy Arcuri also raised the price target for Micron from $195 to $225 while maintaining a Buy rating on the stock [3] Group 2 - Micron Technology specializes in memory and storage solutions, manufacturing high-performance products including DRAM, NAND, and NOR technologies [3]