Wolfe Raises Micron (MU) Price Target to $180, Citing AI Memory Tailwinds
Micron Technology, Inc. (NASDAQ:MU) is one of the AI Stocks Making Big Moves on Wall Street. On September 17, Wolfe reiterated the stock as “Outperform” and raised its price target to 160. According to the firm, the outlook in commodity memory continues to improve with multiple AI tailwinds. “Reiterate Outperform rating, increasing PT to 180 price target is based on ~11x our FY27 EPS of $16.43. Following MU’s positive pre-announcement in August, NAND sentiment ...