JPMorgan Analyst Predicts a 36% Upside for Micron Stock, Says Stock 'Should Continue to Outperform' Into 2025 from aibejarat ai hawa Watch Video
Preview(s):
Gallery
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36 👁 View: 255K times ✓ Published: 29-Jun-2024
Description: JPMorgan analyst Harlan Sur maintains an Overweight rating on Micron stock, suggesting a 36% upside over the next year. Micron beat expectations for its fiscal 3rd quarter as AI demand contributed around 50% of Micron's quarter-over-quarter growth in data center revenue. AI is also fueling demand for Micron's enterprise SSD products. Micron is well-positioned to capture memory content growth from expanding AI and accelerated computing, and Sur says the stock “should continue to outperform” into 2025.
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)