Cantor Fitzgerald analyst C.J. Muse raised the firm’s price target on Micron to $180 from $150 and keeps an Overweight rating on the shares. Cantor expects Micron to post a solid beat and raise on June 26, with upside coming from both DRAM and NAND, with HBM likely an upside surprise as well, the analyst tells investors in a research note. The firm expects these trends to carry forward into the August quarter guide as well, leading to consensus estimates moving higher once again.
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