Analysts See Big Upside for Micron (MU) With Strong HBM Ramp Ahead

Micron Technology, Inc. (NASDAQ:MU) is one of the AI Stocks in Focus This Week. On December 2nd, Wolfe Research raised its price target on the stock to $300 from $200 while maintaining an “Outperform” rating. The firm sees Micron on path to higher earnings price through 2027 and continued stock upside. Micron is experiencing better-than-expected pricing trends, supported by improved server demand and stability in the handset and PC segments. Therefore, the firm has increased its estimates for the November ...