Micron price target raised to $200 from $175 at Deutsche Bank

Deutsche Bank analyst Melissa Weathers raised the firm’s price target on Micron (MU) to $200 from $175 and keeps a Buy rating on the shares. The firm says the company’s fiscal Q4 report “cleared a very high bar” with “stellar” gross margins being the highlight. Micron’s margin momentum is expected to sustain into 2026 due to benefits from supply tightness, higher prices, solid cost controls and a “rich mix,” the analyst tells investors in a research note.