Phillip Securities Raises Price Target For Micron Technology (MU)
Phillip Securities raised its price target for Micron Technology (NASDAQ:MU) from $530 to $1,870 following the company's earnings release. The firm reiterated a 'Buy' rating and highlighted potential new agreements with existing customers as well as ongoing memory shortages in the industry expected beyond 2027.
Tickers: $MU
Topics: AI Stocks Memory Industry Micron Technology Phillip Securities