Q3 Results Proved That the Stars Are Aligned for Micron Stock

In different points of the market, investors find their new favorites. While in recent years it has been Nvidia (NVDA) or Alphabet (GOOGL) (GOOG), the wider AI trade has anointed a new darling: Micron (MU). Undoubtedly, with a rally of 296.74% year-to-date (YTD), shares of the memory chip major have been a massive hit with investors. In fact, the hype around the company was eclipsed only by those who were not even listed on the exchanges, like SpaceX (SPCX), OpenAI, and Anthropic.

Now, following a sensational set of numbers for its fiscal Q3, leading brokerages on Wall Street are reinforcing their bullish views about the company. One of them is the reputed broker, Stifel.

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Reiterating its "Buy" rating and a price target of $1,500 for MU stock, analysts led by Br

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/q3-results-proved-stars-aligned-140002198.html)