Samsung, SK Hynix rally tracking AI hype, strong Micron earnings
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- S&P 500, Nasdaq fall as megacap tech drags; Iran developments watched
- Oil falls 4% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
Micron Technology (MU) PT Raised to Street High $225 at Rosenblatt
March 21, 2024 7:01 AM EDTRosenblatt analyst Hans Mosesmann raised the price target on Micron Technology (NASDAQ: MU) to $225.00 (from $140.00) while maintaining a Buy rating.
The analyst comments "Micron crushed its February quarter print and May quarter outlook on strong AI momentum, general market recovery, and a faster-than-expected impact to DRAM supply on aggressive HBM3e wafer allocation (requires 3x the number of wafers vs. DDR5). HBM3e alone will drive most of the DRAM... More
Micron Technology (MU) PT Raised to $130 at Piper Sandler
March 21, 2024 6:57 AM EDTPiper Sandler analyst Harsh Kumar raised the price target on Micron Technology (NASDAQ: MU) to $130.00 (from $95.00) while maintaining a Overweight rating.
The analyst comments "Micron reported stellar results and guidance primarily driven by end-market tailwinds which we expect to last through... More
Micron Technology (MU) PT Raised to $120 at Needham
March 21, 2024 6:52 AM EDTNeedham analyst N. Quinn Bolton raised the price target on Micron Technology (NASDAQ: MU) to $120.00 (from $100.00) while maintaining a Buy rating.
The analyst comments "Micron posted a very strong beat and raise F2Q24 as the memory market inflects higher across the... More
Micron Technology (MU) PT Raised to $135 at Cantor Fitzgerald, 'Don’t Overthink It, the Memory Cycle is Just Getting Started'
March 21, 2024 6:35 AM EDTCantor Fitzgerald analyst C.J. Muse raised the price target on Micron Technology (NASDAQ: MU) to $135.00 (from $120.00) while maintaining a Overweight rating.
The analyst comments "Expectations were high, but Micron certainly delivered the goods. The May Q outlook is better any way you... More
Micron Technology (MU) PT Raised to $150 at TD Cowen
March 21, 2024 6:15 AM EDTTD Cowen analyst Karl Ackerman raised the price target on Micron Technology (NASDAQ: MU) to $150.00 (from $120.00) while maintaining a Outperform rating.
The analyst comments "Results/guide were flawless & surpassed even the most bullish expectations we heard. With the stock trading at ~13x... More
