Morgan Stanley Labels This Memory Chip Maker a ‘Top Pick' as Shortage Drives Up Prices
1. Morgan Stanley names Micron a top stock pick amid rising demand. 2. Micron shares surged over 5% and tripled in value this year. 3. New price target set at $325 indicates further potential growth. 4. Memory chip shortages expected to enhance earnings power for Micron. 5. Analysts overwhelmingly bullish, with nine out of ten rating it a buy.