Reported 2 days ago
Mizuho has raised its price target for Micron Technology, Inc. (NASDAQ: MU) from $155 to $182, maintaining an Outperform rating ahead of the company’s earnings report on September 23. The increase is attributed to anticipated high demand for High Bandwidth Memory (HBM), fueled by Nvidia's new GB300 chips. Analysts predict that the shift in Nvidia's product mix could boost Micron's guidance for the upcoming quarter significantly.
Source: YAHOO