Latest Analyst Views on Coatue’s Favorite 33 AI Stocks

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11. Micron Technology (NASDAQ:MU)

Number of Hedge Fund Holders: 94  

Morgan Stanley lowered the price target on Micron Technology (NASDAQ:MU) to $98 from $112 and kept an Equal Weight rating on the shares. Micron makes and sells memory and storage products. In an investor note, the analyst noted that checks in DRAM had turned remarkably positive in recent months and though the advisory agreed with the view that tariff pull forwards were a factor, they were not the only thing driving pricing strength. The advisory raised estimates for Micron and was now 25% above consensus for the August quarter and 15% for November EPS, but took down FY26 estimates slightly on account of potential macro headwinds.

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