UBS Predicts Deepening DRAM Shortages Could Boost Micron's EPS to $30

Reported 1 day ago

UBS has upgraded Micron Technology's stock rating to 'Buy' and increased its price target from $225 to $245 due to worsening DRAM supply shortages. Analysts believe the company's earnings per share (EPS) could approach $30 by 2026, citing strong demand outpacing supply.

Source: YAHOO

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