Jun 27, 09:11 AM

Micron ($MU) Earnings Awaited Amid Analyst Optimism, Price Target Raises

Micron ($MU) is set to release its earnings, with analysts anticipating positive results based on the stock's all-time high and high P/E ratio. Analysts have raised price targets, with expectations for strong sales growth driven by AI demand and memory sector spending. Major financial institutions like JP Morgan, Goldman Sachs, and BofA have revised their price targets upwards, reflecting bullish outlooks for Micron.

#Micron #JP Morgan #Goldman Sachs #BofA

Written with ChatGPT (GPT-3).

Sources

Markets Today@marketsday
2 years ago
$MU | JP Morgan Raises Micron's PT to $180 from $130, Reiterates Overweight Rating
Streetinsider.com@Street_Insider
2 years ago
Analysts raise numbers on Micron $MU stock, urge investors to buy the dip https://t.co/0nSGfeA7BE https://t.co/xvYiOr2VJu
Markets Today@marketsday
2 years ago
$MU #Micron Analyst Revisions & Ratings 🔸 Needham: Raised to $150 from $120 - Buy 🔸 UBS: Cut to $153 from $155 - Neutral 🔸 CFRA: Maintained at $170 - Buy 🔸 Mizuho: Maintained at $155 - Outperform 🔸 Barclays: Maintained at $145 - Overweight

Micron ($MU) Earnings Awaited Amid Analyst Optimism, Price Target Raises

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