Micron (MU): Analyst Sees AI Tailwinds, Limited Upside
Micron Technology, Inc. (NASDAQ:MU) is one of the AI Stocks in the Spotlight This Week. On September 24, BofA Securities analyst Vivek Arya raised the price target on the stock to 140.00) while maintaining a Neutral rating following the earnings print. In a research note, the analysts told investors that Micron is benefiting from the “dual drivers” of surging artificial intelligence demand and tight supply discipline in the memory industry. Traditional server CPU sales are also witnessing ...