BofA says Micron $MU remains a top pick at BofA as SanDisk's durable growth outlook suggests memory may be entering a structurally stronger phase, potentially lifting Micron to $200-$250 in FY30 EPS versus consensus peak estimates of $160-$170, the analyst tells investors in a research note.
The firm reiterates a Buy rating on Micron and $1,550 price target.