Micron's AI-Driven HBM Demand and Data Center Growth to Fuel Stock Upside, Analysts Say [Yahoo! Finance]
Piper Sandler Companies (PIPR)
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Source: Yahoo! Finance
Micron reported fourth-quarter revenue of $7.75 billion, topping the analyst consensus estimate of $7.64 billion. The adjusted EPS of $1.18 beat the analyst consensus estimate of $1.13. Micron expects first-quarter revenue of $8.7 billion, plus or minus $200 million, and adjusted EPS of $1.74, plus or minus eight cents per share. Morgan Stanley analyst Joseph Moore maintained Micron with an equal weight and raised the price target from $100 to $114 Wedbush analyst Matt Bryson reiterated Micron with an Outperform and a $140 price target. Piper Sandler analyst Harsh V. Kumar maintained Micron with an Overweight with a $150 price target. Rosenblatt analyst Hans Mosesmann reiterated Micron with a Buy and a $250 price target. Stifel analyst Brian Chin maintained Micron with a Buy and a $135 price target. JP Morgan analyst Harlan Sur reiterated Micron's Overweight rating and a price target of $180. Morgan Stanley: Micron posted a strong quarter and outlook, particularly giv
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