Bullish on Micron (MU) After Price Hike

Mizuho raised Micron’s (MU) price target to $150 from $130. They analyst cites higher memory price estimates for the target increase and highlights that HBM3E is ramping well with 30% less power competitive differentiation driving share gains. George Tsilis discusses this and demonstrates a neutral to bullish example trade using Micron. Tune in to find out more about the stock market today.

Trading 360

17 May 2024

SHARE

Schwab Network's Newsletters

Daily insights for every investor