Monday's Morning Movers: MU Price Target Hikes, ORCL Cuts & GEV Double Upgrade

Company: G Vernova - G Vernova received a double upgrade to a buy from Rothschild and Co and Redburn, with a new price target set at 1,000, which is approximately double the previous target of 560 [1][2] - The company is expected to benefit from surging demand for electricity tied to AI data centers, driving a stronger outlook for its core business in gas turbines [3] - The global gas turbine market is projected to exceed 100 gigawatts in both 2023 and 2027, with profit margins in the power segment potentially exceeding 30% [3] Company: Oracle - Barclays has adjusted its price target for Oracle, reducing it from 310 to 230, citing potential near-term margin pressure due to the company's accelerated push into AI [6][8] - Despite the price target cut, Oracle maintains an overweight rating, indicating continued bullish sentiment, with expectations for AI-driven revenue growth to pick up in the current quarter [7][9] - Oracle's stock is currently down more than 3%, reflecting market concerns over margin pressures associated with its AI initiatives [9] Company: Micron - Susahana raised its price target for Micron from 345 to 525, reflecting stronger pricing trends in memory chips, particularly for DRAM and NAND [10][11] - Analysts are optimistic about improving supply-demand dynamics in memory markets, which support higher estimates for Micron [12] - Another analyst, Citigroup, also raised its price target for Micron to 430, indicating bullish conviction ahead of the company's earnings [13]