Why Micron Stock Popped Again Today
Micron (NASDAQ: MU) stock resumed marching higher Monday, gaining 5.6% through 12:10 p.m. ET after Phillip Securities analyst Yik Ban Chong initiated coverage with a buy rating and a $500 price target on the $438 semiconductor stock.
Image source: Getty Images.
High hopes for NAND computer memory have been the driving force behind Micron's strong gains so far this year, but Chong shifts the focus back to DRAM today, specifically to high-bandwidth DRAM.
Source Fool.com
Micron Technology Inc. Stock
€394.75
8.760%
The stock is one of the favorites of our community with 142 Buy predictions and 1 Sell predictions.
As a result the target price of 435 € shows a slightly positive potential of 10.2% compared to the current price of 394.75 € for Micron Technology Inc..
