Wells Fargo Keeps Buy Rating on Micron Technology (MU), Keeps $130 PT

From Yahoo Finance: 2025-05-21 13:07:00

Analyst Aaron Rakers from Wells Fargo maintains a Buy rating on Micron Technology, Inc. (MU) with a price target of $130 per share. Positive outlook due to Micron’s market position and growth potential, especially in the Data Center segment. TrendForce report predicts 3-8% PC DRAM price increase in Q2 2025, benefiting Micron’s High Bandwidth Memory (HBM) segment. JP Morgan notes strong demand in data center sector for HBM and SSDs. Micron is a key player in AI industry, offering high-performance memory solutions for AI models. Consider other AI stocks for higher returns. Micron expected to report record revenue.



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