UBS Reiterates Buy on Micron (MU) Ahead of Earnings, Citing Strong AI Memory Demand

Micron Technology, Inc. (NASDAQ:MU) is one of the Trending AI Stocks on Wall Street.  On December 8, UBS reiterated a “Buy” rating on the stock with a $275.00 price target. The rating affirmation comes ahead of the company’s upcoming earnings report on December 16th, with analysts noting robust AI-driven tailwinds for the stock. Analyst Timothy Arcuri sees a favorable setup for Micron heading into the print, which is why it leaves its estimates unchanged from previous in-quarter updates “which remain wel ...