Micron Stock Gets Dual Price Target Hikes From Deutsche, UBS Ahead Of Earnings

2025-09-15 10:12:08

(MENAFN- AsiaNet News)

Micron Technology Inc. (MU) has received price target hikes from two major firms, signaling growing confidence in the memory chipmaker ahead of its upcoming fourth-quarter (Q4) earnings report on September 23.

Deutsche Bank increased its price forecast for Micron shares to $175 from $155, maintaining a 'Buy' rating, as per TheFly. The firm believes that the tight DRAM supply, partly due to high-bandwidth memory consuming a large portion of available capacity, will drive prices higher and support improved margins.

UBS lifted its target to $185 from $155, also reaffirming a 'Buy' rating. Micron stock inched 0.04% higher in Monday's premarket.

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