Micron Technology (MU) PT Raised to $550 at Wells Fargo
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Go back to Micron Technology (MU) PT Raised to $550 at Wells Fargo
March 19, 2026 2:30 PM EDT
A white-hot memory market is set to continue after Micron Technology's (NASDAQ: MU) blockbuster fiscal second-quarter results, according to Macquarie analyst Daniel Kim, who said the Street is underestimating memory earnings despite an upside surprise.
Macquarie argued Microns print reinforces its bullish stance on the sector and strengthens the case for buying the leading memory names.
Kim noted Microns sales of $23.9 billion were 28%... More
March 19, 2026 9:01 AM EDT
BNP Paribas Exane on Micron Technology (NASDAQ: MU): 'well-exposed to a multi-year AI data center buildout'.
The analyst comments "> Despite stellar results, the stock is looking down this morning which is likely a function of both very elevated expectations/whispers along with fears that pricing and margins have peaked as Micron is... More
