Citi Raises Micron Stock Price Target Amid Memory Market Shifts
On May 19, Citi analyst Atif Malik nearly doubled his price target for Micron Technology to $840 from $425 following a significant DRAM pricing increase. This move came after the stock fell almost 6% on May 18 and was mirrored by similar upgrades from HSBC and Melius Research.
Topics: Citi Analyst DRAM Prices Micron Technology Wall Street Research