{
Marty Shtrubel

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ubs analyst bullish on micron stock despite near term challenges

UBS analyst Timothy Arcuri maintains a bullish outlook on Micron (MU) stock, despite recent underperformance due to mild DDR oversupply. He anticipates a recovery in pricing by late 2025, driven by strong demand for Micron's HBM products, with a projected price target of $125, indicating a 28% upside. The stock holds a Strong Buy consensus among analysts, with an average target of $136, suggesting a potential 40% increase in the coming months.
TipRanks Financial
Micron Technology, Inc. USA Marty Shtrubel Timothy Arcuri
Finance & Economy, Market Report
03:36 15.01.2025
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