Deutsche Bank Analyst Raises Micron Stock Target Amid Strong AI Demand Outlook
Deutsche Bank analyst Melissa Weathers has raised her price target for Micron Technology (MU) ahead of its upcoming earnings report, citing strong and sustained demand from the AI server market. The analysis suggests that high-bandwidth memory shortages are helping Micron maintain pricing power, potentially extending a favorable upcycle in DRAM markets.
Tickers: $MU
Topics: AI demand earnings report memory market stock analysis