UBS Raises Micron Technology (MU) Price Target to $450

Micron Technology Inc. (NASDAQ:MU) is one of the worst AI stocks to invest in according to Reddit. On February 6, UBS analyst Timothy Arcuri raised the firm’s price target on Micron to 450from450 from 400 and kept a Buy rating on the shares. On February 1, Phillip Securities analyst Yik Ban Chong initiated coverage of Micron with a Buy rating and a $500 price target, citing strong demand for the company’s high bandwidth memory products. The firm anticipates that Micron will be able to gain market share from SK ...