Mizuho Raises Micron (MU) PT, Maintains Outperform Rating

Micron Technology, Inc. (NASDAQ:MU) is one of the 10 tech stocks on Wall Street’s radar right now. On June 5, Mizuho raised its price target for Micron Technology, Inc. (NASDAQ:MU) to $130 from $124 and maintained an Outperform rating ahead of the company’s FQ3 ’25 earnings report.

The firm expects industry-high bandwidth memory revenue to grow 55% yearly through 2027. Additionally, the company’s high bandwidth memory revenue is projected to increase 90% annually due to market share gains, reaching 45% of its DRAM revenue, which could increase sales and margins.

Mizuho Raises Price Target on Micron (MU), Maintains Outperform Rating

A close-up view of a computer motherboard with integrated semiconductor chips.

On the same day, UBS increased its price target for Micron (NASDAQ:MU) from $92 to $120 while maintaining a Buy rating. The analyst pointed toward a more favorable outlook and reduced concerns over tariffs as reasons for the revision.

Micron (NASDAQ:MU) develops and sells advanced memory and storage products, including DRAM and non-volatile semiconductor devices, and it serves a wide range of markets such as data centers, PCs, mobile devices, and automotive.

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