AI memory strong demand drives growth outlook! DA Davidson aggressively raises Micron Technology (MU.US) price target to $3,000

Zhitong Finance APP has learned that DA Davidson reiterated its "Buy" rating on Micron Technology (MU.US) and significantly raised its target price from $2,100 to $3,000. This target price implies nearly 176% upside from the stock's Wednesday closing price of $1,088.00, and is about 19 times Micron's projected earnings for fiscal year 2027.