Micron shares rise after Deutsche Bank upgrades rating on DRAM pricing hopes

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Micron Technology (MU) PT Raised to $85 at Goldman Sachs, 'raise our target multiple by a turn to reflect improved visibility'

September 19, 2023 7:01 AM EDT

Goldman Sachs analyst Toshiya Hari raised the price target on Micron Technology (NASDAQ: MU) to $85.00 (from $80.00) while maintaining a Buy rating.

The analyst comments "

We reiterate our Buy rating on MU ahead of the company's FY4Q (August) earnings release scheduled... More