Micron Technology Stock Price Boosted by Multiple Investment Banks, Latest Average Target Price Raised to $1,008

05/27 04:10

On May 27, according to publicly available analyst reports, Micron Technology's stock price received target price upgrades from several international investment banks in May. Among them, UBS and Melius set target prices at $1,100, while Bank of America and Deutsche Bank provided target prices ranging from $950 to $1,000. The average target price for May is $1,008 per share. This adjustment marks a significant increase compared to the analyst target prices in early April, which ranged from $400 to $700, reflecting the market's growing expectations for AI storage demand and the growth of the HBM high-bandwidth memory business.
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