Aletheia Lifts PT on Micron Technology, Inc. (MU) to $650 From $315 – Here’s Why

On March 4, Aletheia lifted the terms people connected Micron Technology, Inc. (NASDAQ:MU) to $650 from $315, maintaining a Buy standing connected the shares and telling investors that the surge successful request for AI grooming and inference is continually driving monolithic depletion of HBM, portion the accelerated emergence of agentic AI workloads “requires arsenic ample measurement (if not more) of diversified memories”. The steadfast doubled the FY26 EPS estimates and tripled its FY27 estimates.

Goldman Sachs besides raised the terms people connected Micron Technology, Inc. (NASDAQ:MU) to $360 from $235 connected March 3, maintaining a Neutral standing connected the shares. The aforesaid day, Micron Technology, Inc. (NASDAQ:MU) announced that it extended its enactment successful low-power server representation by shipping lawsuit samples of the industry’s highest-capacity LPDRAM module: 256GB SOCAMM2. It stated that the milestone marks a translation measurement guardant for AI information centers, enabled by the industry’s archetypal monolithic 32Gb LPDDR5X plan and delivering low-power representation capableness that tin unlock caller strategy architectures.

Micron Technology, Inc. (NASDAQ:MU) provides innovative representation and retention solutions. Its operations are divided into the pursuing segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU).

While we admit the imaginable of MU arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None. Follow Insider Monkey connected Google News.