D.A. Davidson raises Micron target to $3,000
D.A. Davidson analyst Gil Luria lifted his Micron price target to $3,000 from $2,100. The note said the new target reflects a higher earnings multiple tied to Micron’s 2027 forecast.
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D.A. Davidson analyst Gil Luria lifted his Micron price target to $3,000 from $2,100. The note said the new target reflects a higher earnings multiple tied to Micron’s 2027 forecast.
D.A. Davidson lifted its Micron Technology (MU) price target to $3,000 per share, up 43% from $2,100, and kept a Buy rating, projecting a 187% gain versus Tuesday’s close.
D.A. Davidson's Gil Luria raised his price target on Micron Technology to $3,000 from $2,100. The analyst said investors are still underestimating Micron's growth potential and the effect of an expected buyback program.