TD Cowen Lifts PT on Micron Technology (MU) to $500 From $450 – Here’s Why

Group 1 - Micron Technology, Inc. (NASDAQ:MU) is recognized as a top ethical investment according to Reddit, with TD Cowen raising its price target to $500 from $450 while maintaining a Buy rating ahead of the fiscal Q2 earnings, which are expected to show strong performance [1] - RBC Capital also updated its rating for Micron, increasing the price target to $525 from $425 and maintaining an Outperform rating, highlighting the significant role of structural memory drivers like HBM and DDR/eSSD demand in data centers during the current supercycle [2] - Micron operates through several segments, including Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU), providing innovative memory and storage solutions [3]