Micron Stock Gains After Earnings as Analysts Hike Price Targets. Why Its Earnings Excited Wall Street. - Barron's
1. Analysts raised price targets for Micron post-earnings report. 2. Micron's HBM chips are sold out until 2025, indicating strong demand. 3. Micron aims for a 20% DRAM market share, earlier than expected. 4. Competitors include Samsung and SK Hynix, posing market share risks. 5. 85% of analysts rate Micron as a Buy or equivalent.