Micron (MU) Stock: Phillip Securities Sets $500 Price Target on HBM Demand

TLDR Phillip Securities gives Micron Buy rating with $500 price target on strong HBM demand Analyst expects Micron to steal SK Hynix market share when HBM4 ramps post-Q2 Stock drops 1% Monday, down 5% Friday despite bullish analyst call Micron commits $24 billion to Singapore manufacturing expansion over 10 years 38 of 44 Wall Street [...]

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