Top analyst drops eye-popping price target on Micron stock

A 500pricetargetalmostalwaysgrabsattention,regardlessofwhichanalystmakesthatcall.However,itcarriesalotmoreweightwhenitcomesfromsomeonewhohascoveredthestockforyears,withasolidtrackrecordtobackitup.ThatsthecasewithKevinCassidyofRosenblattSecurities,whojusttookhispricetargetonMicron(MU)stocktoawholenewlevel.TheveterananalystjustliftedhispricetargetonMicronfrom500 price target almost always grabs attention, regardless of which analyst makes that call. However, it carries a lot more weight when it comes from someone who has covered the stock for years, with a solid track record to back it up. That’s the case with Kevin Cassidy of Rosenblatt Securities, who just took his price target on Micron (MU) stock to a whole new level. The veteran analyst just lifted his price target on Micron from 300 to a Street-high $500 after the company posted a blowout fiscal ...