Rosenblatt Securities Raises Micron’s Price Target to Street-High of $200, Reiterates Buy Rating

Micron Technology, Inc. (Nasdaq: MU) is one of 10 shares of artificial intelligence denominated by less than their purchase, according to analysts. On June 26, Rosenblatt Securities raised the target price on MU from $ 172 to a Street worth $ 200, repeating the purchase classification on the arrow.

Kevin Cassidy of Rosenblatt Securities raised the target price on Micron Technology, Inc. (NASDAQ: MU) After the strong Q3 2025 results. The company’s revenues amounted to a quarterly record of $ 9.3 billion, an increase of 37 % on an annual basis, and exceeded the consensus by about 450 million dollars. Strong revenues were driven by the continuous force in the markets of the Data Center and strong growth on a quarter of a quarter through the sectors facing the consumer. The company has witnessed high dramatic revenues, with almost 50 % sequential growth in HBM sales. The average total margin of Micron increased to 39 % in the third quarter, while a modified profit of $ 1.91 exceeded the consensus by $ 0.31.

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“A mixture of artificial intelligence applications that drive the demand for drama and the leading energy efficiency in micron has led to revenues, the total margin, operating margins, and profits is much higher than street expectations,” Cassidy said. “Expectations are more customized than the same. With the expansion of the chip’s ability more than 18 months, we see this course that pays the Micro’s income model to the highest levels ever. We continue to recommend the MU shares for relatively low evaluation, 12 x FP/E, a strong public budget, widening margins, and profit cranes.”

Micron Technology is now expecting that Q4 FY2025 will publish similar results with optimistic expectations. The continuous quarter revenue is expected to be about 10.4 billion dollars and $ 11 billion.

Micron Technology, Inc. (NASDAQ: MU) is a pioneering player in the artificial intelligence industry where the company develops high -performance memory and storage solutions, such as DRAM and Nand. These are important devices used to operate and train artificial intelligence models via data centers, consumer electronics, and edge devices.

While we acknowledge the MU capabilities as an investment, we believe that some artificial intelligence shares provide greater potential in the upward direction and carry less risks on the downside. If you are looking for a stock of artificial intelligence with less than very apprecia The best inventory of artificial intelligence in the short term.

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