Bullish
Micron's stock price target raised to $825 by Lynx Equity on capacity expansion.
Lynx Equity has increased its price target for Micron Technology (MU) to $825, up from $700, citing extended capacity sell-outs and improved revenue visibility. The firm noted that Micron's high-bandwidth memory (HBM) capacity is sold out through 2027, indicating strong demand and operational efficiency.
Key points
- Lynx Equity raises Micron's price target to $825, citing capacity sell-outs.
- Micron's HBM capacity sold out through 2027, indicating strong demand.
Sources
AI-generated from public news sources. Not financial advice.
