Micron Technology (MU) Poised for Strong Margins With Constrained DRAM Supply
Micron Technology, Inc. (NASDAQ:MU) ranks among the best fast growth stocks to buy now. In anticipation of Micron Technology, Inc. (NASDAQ:MU)’s upcoming earnings report, Deutsche Bank maintained its Buy rating on the company on September 15 and boosted its price target from 175. The bank expects DRAM supply to remain constrained until 2026, with High Bandwidth Memory (HBM) taking a significant share of bit capacity at a 3:1 trading ratio that continues to expand. This supply restriction is proj ...