Group 1 - Micron Technology's price target was lowered from $510 to $425 by Citi, while maintaining a "Buy" rating due to a recent decline in RAM prices, specifically a 6% drop in mainstream DDR5 16GB RAM prices since the last earnings report on March 18 [1][2] - Analysts believe that cheaper technology historically increases demand, and they expect AI to follow this trend, leaving earnings forecasts unchanged [2] - Micron shares have decreased by 30% since the last earnings report, attributed to profit-taking, rising capital expenditures, and concerns about peak margins [3] Group 2 - The launch of Google's AI algorithm, TurboQuant, is expected to boost overall demand for Micron's products, although recent price declines may be linked to concerns about this new product [4] - The broader analyst consensus remains optimistic, with an average price target of $533.4 for Micron shares, indicating a potential upside of 66% [5] - Micron stock holds a "Strong Buy" rating, supported by twenty-six "Buy" recommendations and only two "Holds," with no other price cuts reported this month [7]