Wedbush raises Micron target to $500 on memory market strength

Wedbush raised Micron Technology's price target to $500, implying a 23% upside, citing strong momentum in the memory market. Analyst Matt Bryson expects Q2 results to beat estimates, with NAND and DRAM segments potentially rising 30-50%. The firm noted no demand slowdown post-Chinese New Year. Micron stock rose over 4% and has gained 46% this year.
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