10 AI Stocks in Focus on Wall Street

6. Micron Technology, Inc. (NASDAQ:MU)

Number of Hedge Fund Holders: 94

Micron Technology, Inc. (NASDAQ:MU) is one of the 10 AI Stocks in Focus on Wall Street. On September 19, Barclays reiterated the stock as “Overweight” and raised its price target on the stock to $175 per share from $140 ahead of earnings on Sept. 23.

Analysts at the firm noted that they see near-term NAND upside and a higher long-term high bandwidth share trajectory for the stock.

“We think MU will put up results modestly ahead of the pre-announce midpoint and guide materially stronger on the back of NAND volume/ASP [average selling price].

Micron Technology, Inc. (NASDAQ:MU) develops and sells memory and storage products for data centers, mobile devices, and various industries worldwide.