Wedbush-Lifted MU Target to $500 Sparks Micron Rally Ahead of Q2
TL;DR Summary
Wedbush analyst Matthew Bryson raised Micron’s price target to $500 (from $320) ahead of the March 18 Q2 report, arguing stronger memory pricing, tight high‑bandwidth memory supply for AI accelerators, and expanding gross margins could push MU higher as earnings estimates rise and guidance improves; Wall Street already shows a Strong Buy consensus with upside potential.
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