Sentiment: Positive
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Micron (MU) Stock Holds Near $1,000 Despite $3,000 Forecast and Buyback Plans
By Maxwell Mutuma at 2026-11-06 23:03
Sentiment: Positive
TLDR Micron stock remains below $1,100 despite Wall Street’s aggressive $3,000 price target. D.A. Davidson’s Gil Luria sees further upside as AI demand strengthens Micron’s earnings outlook. Micron has secured commitments for over 75% of its fiscal 2027 output amid growing memory demand. Micron’s $35.16 billion buyback authorization could provide fresh support for shares starting [...] The post Micron (MU) Stock Holds Near $1,000 Despite $3,000 Forecast and Buyback Plans appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks #Micron #MU stock
Source Coin Central