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BTCC / BTCC Square / Global Cryptocurrency /
Micron’s Earnings Beat Spurs Price Target Hike by Mizuho Analyst

Micron’s Earnings Beat Spurs Price Target Hike by Mizuho Analyst

Author:
Global Cryptocurrency
Published:
2025-06-26 13:25:02
20
1
BTCCSquare news:

Mizuho Securities analyst Vijay Rakesh raised Micron's price target to $150 from $130 following a stronger-than-expected Q3 fiscal 2025 performance. The revision implies a 17.9% upside, driven by robust demand for DRAM and high-bandwidth memory chips. Pre-market trading shows MU stock gaining momentum.

Rakesh, a top-tier analyst ranked #282 out of 9,653 on TipRanks, maintains his Buy rating with a 55% success rate. His bullish stance stems from Micron's expanding AI and data center exposure, projecting HBM market share to reach 20-25% by late 2025. The company's Q4 guidance also surpassed consensus estimates.

|Square

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