UPDATE: Micron Technology (MU) PT Raised to $100 at Barclays

Barclays analyst Tom O'Malley raised the price target on Micron Technology (NASDAQ: MU) to $100.00 (from $87.00) while maintaining a Overweight rating.

The analyst comments "The downturn appears to be more transitory than sustained with improving supply allowing robust bit growth in the back half coupled with strong trends in Data Center, Mobile, and Auto/Industrial."

You May Also Be Interested In

• Advance Auto Parts (AAP) PT Lowered to $48 at DA Davidson Following 25% Selloff Post Q2 Results
• Intchains Group Ltd (ICG) PT Lowered to $2 at Benchmark Following 1H Results
• Beike (BEKE) PT Raised to $23 at Morgan Stanley