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Micron (MU) Stock Slides as Citi Lowers Target, DRAM Prices Seen Peaking in 2027

By Trader Edge at 2026-10-04 09:19

Sentiment: Negative

TLDR Citi cut its Micron price target to $1,150 from $1,400, keeping a Buy rating DRAM and NAND prices expected to peak in Q2 2027, then decline Micron stock fell more than 1.8% Friday and is down about 9% over the past month SK Hynix announced $38.15 billion in new chip fabrication investments in South [...] The post Micron (MU) Stock Slides as Citi Lowers Target, DRAM Prices Seen Peaking in 2027 appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks

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