Why Goldman Thinks Micron's (MU) Run May Not Be Done Yet
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Goldman Sachs analyst James Schneider raised Micron's price target to $205, citing tight memory market conditions benefiting the company. Despite a 186% stock increase this year, Schneider believes Micron's stock has room to grow due to strong DRAM pricing and AI server demand. Micron's upcoming earnings report is expected to show $3.80 EPS on $12.62 billion revenue. The stock has a consensus Strong Buy rating from 29 analysts, with an average price target of $232.25.
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