BUZZ-Argus Research raises Micron's PT on AI-driven growth

Reuters12-23 21:58

** Argus Research raises PT on memory chipmaker Micron Technology MU.O to $320 from $210

** New PT implies an upside of 15.7% to stock's last close

** Brokerage notes "AI solutions driving overall topline growth," and recovering demand in multiple end markets for Micron

** Average rating of 46 analysts is "buy;" their median PT is $300 - data compiled by LSEG

** Up to last close, stock has more than tripled this year

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))

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Micron</p><p>** Average rating of 46 analysts is \"buy;\" their median PT is $300 - data compiled by LSEG</p><p>** Up to last close, stock has more than tripled this year</p><p>(Reporting by Anhata Rooprai in Bengaluru)</p><p>((Anhata.Rooprai@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0889566641.SGD","symbol_name":"FTSF - Templeton Shariah Global Equity A Acc SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251223:nL6N3XT0LI:1","article_id":"2593413149","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2593413149","pubTimestamp":1766498331,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and 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