Morgan Stanley sets jaw-dropping Micron price target after event
When parallels are drawn between a company and Nvidia, investors pay attention. That’s exactly how Morgan Stanley framed Micron Technology’s (MU) latest quarter, calling it one of the biggest revenue and profit surprises in the history of the U.S. chip space, second only to Nvidia’s AI-powered surge. Micron delivered another solid double beat, extending a streak dating back to fiscal Q3 2023. Additionally, over the past six months, the stock has increased by 109% and 200% year-to-date. Following the bl ...