- A sector-wide memory shortage is boosting storage demand, supported by capital spending, impacting Apple, SanDisk, and Seagate.
- Micron's strong earnings signal rising memory demand, with both Micron and SanDisk producing memory and storage products.
- Micron Technology stock prices surge due to strong earnings reports and high demand for memory chips driven by AI infrastructure build-out.
TD Cowen and Morgan Stanley raised their price objectives for Micron Technology shares.
4 reports, 3 independent
Updated Jun 25
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
TD Cowen and Morgan Stanley raised their price objectives for Micron Technology shares.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Analyst firms raised price targets on Micron shares.1 source
Bank of America joins firms raising price targets for Micron stock.1 source
Financial analysts upgraded price targets for Micron Technology stock.1 source
UBS raised a high price target for Micron stock.1 source
Keep exploring
The entities involved
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Micron Technology
American multinational corporation based in Boise, Idaho
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TD Cowen
American investment bank
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Morgan Stanley
U.S. investment bank
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- Bank of America analysts covered Micron Technology, raising price targets after the company beat EPS estimates and forecasting HBM market growth.