Mizuho raised the firm’s price target on Micron (MU) to $265 from $240 and keeps an Outperform rating on the shares. The firm sees tight supply continuing to drive pricing tailwinds in legacy DRAM and NAND markets. The company should see better sales and margins into 2026, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MU:
- AMD, NVDA, INTC, AVGO: Chip Stocks Rally as 5-Star Analyst Dan Ives Sees Tech Rebound
- Mixed options sentiment in Micron with shares down 0.19%
- Micron price target raised to $275 from $240 at Citi
- Insider Moves: Micron, J&J, Costco, Oracle, Strategy
- Micron announces customer sampling of 192GB SOCAMM2
