BNP Paribas issued a rare double upgrade to Micron (MU) and raised its price target from a Street low to a Street high. Alex Coffey analyzes the analyst report and talks about how Micron has become a big beneficiary of the A.I. trade but notes that the stock has soared already in 2025. He later touches on the call demand seen in options trading, showing that investors anticipate even more upside to Micron.