UBS raised the firm’s price target on Micron (MU) to $185 from $155 and keeps a Buy rating on the shares. The firm’s latest round of industry checks supports ongoing strength that will drive solid guidance for Q1, the analyst tells investors in a research note. The firm flags demand from hyperscalers for server DDR5 remaining very robust, with all major U.S. customers now seeking LTAs into calendar 2026.
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