Micron touts HBM3E as an essential component to move the needle forward on AI advancement, and so far, analysts agree.
Mosesmann's buy rating and $140 per share price target represents 50% upside from Friday's close.
The analyst maintains an outperform rating on Micron stock as well as a $120 per share price target, which equates to roughly 29% upside.
The firm maintains a buy rating on Micron coupled with a $112 per share price target, more than 20% above the previous close.
The analysts raised his price target to $150 from $95, calling for about 61% upside moving forward.
Persons:
Rosenblatt, Hans Mosesmann, Mosesmann's, TD Cowen, Krish Sankar, Mehdi Hosseini, Citi's Christopher Danely, Danely
Organizations:
Micron Technology, Nvidia, GTC Conference, Micro, Analysts, Micron, MU, AMD