Micron price target raised to $124 from $105 at Mizuho

Mizuho raised the firm’s price target on Micron Technology to $124 from $105 and keeps a Buy rating on the shares. The company reported better than expected results with a solid outlook, the analyst tells investors in a research note. The firm sees tailwinds from high bandwidth memory revenues of $3B in 2025 with accretive margins and improving market share.