Mizuho Lifts Micron Technology, Inc. (MU)’s Price Target To $480, Maintains Outperform Rating

Group 1 - Micron Technology, Inc. is recognized as one of the 12 most profitable NASDAQ stocks to buy currently, with Mizuho raising its price target from $390 to $480 while maintaining an Outperform rating [1] - Mizuho anticipates improved revenues and margins for memory companies in 2026, projecting a 330% increase in NAND prices compared to the previous year, with an additional 50% rise expected in 2027 [2] - William Blair initiated coverage on Micron with an Outperform rating, highlighting the company's strong position as a major memory supplier and forecasting a non-GAAP EPS expansion of over 275% in the coming years due to demand outpacing supply [3] Group 2 - Micron Technology manufactures memory and storage products utilized in various devices, including servers, smartphones, tablets, and laptops [4]