Barclays Hikes Micron (MU) Price Target to $240 on Select AI Exposure, Maintains ‘Overweight’.Barclays Hikes Micron PT to $240 on Select AI Exposure, Maintains Overweight Rating

Micron Technology Inc. (NASDAQ:MU) is one of the best NASDAQ growth stocks to buy for the next 5 years. On October 20, Barclays analyst Tom O’Malley raised the firm’s price target on Micron to $240 from $195 and maintained an Overweight rating on the shares. Barclays is very selective when choosing companies that have direct exposure to AI due to recent stock price increases. O’Malley believes that many of these stocks are already pricing in the full benefit of future AI deployment. Earlier on October 17, ...