Morgan Stanley, Deutsche Bank Raise Micron (MU) Price Targets

The probe steadfast pointed to ongoing increases successful DRAM prices and proviso shortages arsenic cardinal reasons down its much affirmative view. Morgan Stanley pointed retired that DDR5 spot prices person already climbed 30% year-to-date and are present 130% higher than January declaration prices.

On February 10, Deutsche Bank besides raised its terms people connected Micron Technology, Inc. (NASDAQ:MU) from $300 to $500 and kept its Buy rating. The steadfast pointed to choky proviso and request conditions successful the representation market, which it believes volition payment the institution successful the coming quarters.

Deutsche Bank is assured that Micron Technology, Inc. (NASDAQ:MU) tin instrumentality vantage of maturation successful High Bandwidth Memory (HBM) and improving representation marketplace trends. The probe steadfast raised its calendar twelvemonth 2026 net per stock estimation for the institution to $46.50.

Micron Technology, Inc. (NASDAQ:MU) is simply a starring semiconductor exertion institution that is known for its innovative representation and retention solutions. The institution offers a portfolio of high-performance DRAM, NAND, and NOR representation and retention products.

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