Micron Analyst Sees MU Stock Nearly Tripling to $3,000 - Micron Technology (NASDAQ:MU) - Benzinga — SkimNews
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- A Wall Street analyst set a $3,000 price target on Micron stock, implying a near-tripling from current levels
- Micron's quarterly NAND revenue jumped 526%, with growth attributed to demand from "the largest companies in the land"
Why it matters: An analyst's $3,000 target implies roughly 200% upside, while the 526% quarterly NAND revenue surge signals explosive memory-chip demand from major cloud/AI customers — positioning Micron as a direct AI infrastructure play rather than a commodity DRAM cycle bet.
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