Wall Street Sees 110%+ Upside for Micron Stock — SkimNews
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- Micron (NASDAQ:MU) is the subject of multiple bullish analyst predictions, with a Seeking Alpha headline stating the stock 'could easily double' after falling for three consecutive months.
- One Wall Street pro cited by Yahoo Finance projects 110% upside for Micron, while The Motley Fool cites '31.6 trillion reasons' for expecting the stock to go 'parabolic' after Sept. 30.
- Micron stock is rising as the bullish coverage cluster converges on the chipmaker's Sept. 30 print as the near-term catalyst.
Why it matters: With Micron down for three straight months ahead of its Sept. 30 print, multiple analysts are publicly calling for the stock to double — a rare degree of coordinated bullish conviction that puts their credibility on the line if the results miss. Any investor sizing into the stock now is effectively betting that consensus expectations heading into Sept. 30 are too low.
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