The AI Investor(@The_AI_Investor):MU: D.A. Davidson raises Micron target to $3,000, new street high + D.A. Davidson raised its price target on Micron to $3,000 from $2,100 and kept a Buy rating, via TheFly. After meetings with the company's investor relations team, the firm concluded investors are early in their journey of understanding Micron's value and that the journey will lead them to assign a far higher multiple. + The analyst believes Micron is on a growth trajectory for the next 3 to 5 years, which the market has not yet acknowledged. The new $3,000 target is a street high, well above the rest of the pack.

2026.10.08 01:36

MU: D.A. Davidson raises Micron target to $3,000, new street high + D.A. Davidson raised its price target on Micron to $3,000 from $2,100 and kept a Buy rating, via TheFly. After meetings with the company's investor relations team, the firm concluded investors are early in their journey of understanding Micron's value and that the journey will lead them to assign a far higher multiple. + The analyst believes Micron is on a growth trajectory for the next 3 to 5 years, which the market has not yet acknowledged. The new $3,000 target is a street high, well above the rest of the pack.