Mizuho analyst Vijay Rakesh raised the firm’s price target on Micron (MU) to $195 from $182 and keeps an Outperform rating on the shares. The company reported solid fiscal Q4 results and amid better pricing and improving GB200/GB300 volumes ahead, the analyst tells investors in a research note. The firm increased estimates post the results.
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Read More on MU:
- Positive Outlook for Micron: Strong Cloud Performance and AI Demand Drive Buy Rating
- Micron price target raised to $250 from $200 at Rosenblatt
- Micron price target raised to $200 from $165 at Piper Sandler
- Micron price target raised to $195 from $173 at Stifel
- Micron’s Strong Market Position and Growth Potential Drive Buy Rating and Increased Price Target