Micron Technology, Baird
Micron’s stock is among the S&P 500’s best this year. Why it just got upgraded.
Micron shares were up nearly 3% in premarket action Monday. The stock is already one of the S&P 500’s SPX best this year — ranking ninth as of Friday’s close. See also: Nvidia’s stock has had a killer run. Why it’s still Morgan Stanley’s top AI-chip pick.
What's Going On With Micron Tech Stock On Monday?
Analyst upgrades Micron Technology Inc (MU) from Neutral to Outperform, raises price target to $150. Remains bullish on US semiconductor sector.
Why One Analyst Upgraded Micron’s Stock After 3 Years
Gerra now expects Micron’s stock to hit $150 this year because of stronger pricing for memory chips. The new target, up from $115, implies a gain of 31% for the stock, which was already up 35% so far this year as of the end of last week.
Is Micron Technology Stock Going to $150? 1 Wall Street Analyst Thinks So.
Analysts expect earnings to reach $10.05 per share by fiscal 2026. If the stock hits the $150 price target, it would be trading at a forward price-to-earnings (P/E) ratio of 15 based on that estimate, on par with Micron's historical average, so Baird is making a reasonable projection of where the stock could trade in the next 12 to 18 months.
Micron Technology Stock Jumps After Baird Upgrade
Micron Technology shares surged in intraday trading Monday after Baird upgraded the stock and raised its price target, saying it sees “meaningful upside opportunities ahead” for the semiconductor maker.
Baird Upgrades Micron Technology (MU)
Fintel reports that on May 6, 2024, Baird upgraded their outlook for Micron Technology (NasdaqGS:MU) from Neutral to Outperform. Analyst Price Forecast Suggests 20.84% Upside As of May 2, 2024, the average one-year price target for Micron Technology is 138.
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Micron Delivers Crucial LPCAMM2 with LPDDR5X Memory for the New AI-Ready Lenovo ThinkPad P1 Gen 7 Workstation
BOISE, Idaho, May 07, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), today announced the availability of Crucial ® LPCAMM2, the disruptive next-generation laptop memory form factor ...
Benzinga.com1d
What the Options Market Tells Us About Micron Technology
Deep-pocketed investors have adopted a bullish approach towards Micron Technology MU, and it's something market players ...
Micron, GM join Big Tech on this list of 20 biggest winners this earnings season
These can shed light on how well a company is maintaining pricing power for its products or services and whether or not a ...
Micron Upgrade, Nvidia Rally Power Nasdaq Higher
One analyst upgrade sparked a pleasant start to the week for semiconductor stockholders. The PHLX Semiconductor Index is up 1.5% Monday. Driving the rally is Micron Technology, whose shares were ...
Buy Rating Affirmed for Micron Technology Amid Favorable DRAM Market Dynamics and Strong Financial Outlook
In a report released today, Tristan Gerra from Robert W. Baird upgraded Micron (MU – Research Report) to a Buy, with a price target of ...
Micron and traffic: Major changes coming to the roads in Syracuse’s north suburbs
Here’s what we know – and what we don’t know – about how the Micron development will affect traffic, transit and rail.
TweakTown3d
Micron is the first to ship high-end DDR5 RDIMM memory for AI data centers, at up to 8000MT/s
Micron's new 128GB DDR5 RDIMM memory is available from Micron right now, at up to 8000MT/s speeds, for AI data centers and AI ...
Micron gains as Baird upgrades on HBM strength; adds to top semi ideas
Micron Technology (MU) was in focus on Monday as investment firm Baird upgraded the memory maker and added it to its list of ...