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

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