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Micron Stock Gets Another Vote of Confidence From Top Analyst

Micron Stock Gets Another Vote of Confidence From Top Analyst
Analyst Bio:

Micron Technology (MU) received a bullish note from Rosenblatt Securities ahead of its September 30 earnings report, with senior research analyst Kevin Cassidy maintaining a Buy rating and a $1,500 price target.

Cassidy said Micron could benefit from additional strategic customer agreements, firmer memory pricing and potentially higher share repurchases in fiscal 2027. He also argued that investor concerns about rising wafer capacity may be weighing on the stock despite continued demand from artificial intelligence applications.

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