KKeyBanc MMicron · MU
KeyBanc Raises Micron Price Target to $450
Rating
Buy
Price target
$450
Previous
$325
Implied upside
+30%
KeyBanc analyst John Vinh raised the price target on Micron Technology (NASDAQ: MU) to $450.00 (from $325.00) while maintaining an Overweight rating.
“MU (positive, Overweight, increasing PT to $450 from $325) – We believe this cycle is different this time and will be stronger for longer.
Greenfield capacity not expected to come online until mid-2027 at the earliest.
We are not changing ests, as our ests remain well above cons with our FY27 (Aug) rev/EPS ests at $94.4B/$45.20, while the Street is at $89.6B/$40.88.”
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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
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