Deutsche Bank Raises Micron Price Target to $500 on Tightening DRAM Supply

We recently published an article titled 12 Best Data Storage Stocks to Buy Right Now. On February 10, Deutsche Bank raised its price target on Micron Technology, Inc. (NASDAQ:MU) to $500 from $300 and maintained a Buy rating, citing tightening DRAM supply conditions and elevated memory pricing. The firm projects that industry shortages could persist through 2027 and into 2028, fostering a structurally more favorable profitability environment for memory manufacturers. In its fiscal first-quarter 2026 ear ...