TD Cowen Turns More Bullish on Micron (MU) as Book Value Growth Accelerates

Micron Technology, Inc. (NASDAQ:MU) is one of the AI Stocks Making Moves on Wall Street. On November 19, TD Cowen raised its price target on the stock to $275.00 from $200.00 while maintaining a “Buy” rating. The firm believes that Micron’s book value growth is strong through early 2027 and that risk is limited despite concerns about valuations and demand pull-in. This book value per share growth is likely to accelerate through the first calendar quarter of 2027 driven by strong pricing in the memory chi ...