Micron (MU) Stock in Focus Ahead of Earnings as Barclays Lifts Price Target

Micron Technology, Inc. (NASDAQ:MU) is one of the AI Stocks in Focus on Wall Street. On September 19, Barclays reiterated the stock as “Overweight” and raised its price target on the stock to $175 per share from $140 ahead of earnings on Sept. 23.

Analysts at the firm noted that they see near-term NAND upside and a higher long-term high bandwidth share trajectory for the stock.

“We think MU will put up results modestly ahead of the pre-announce midpoint and guide materially stronger on the back of NAND volume/ASP [average selling price].

Micron Technology, Inc. (NASDAQ:MU) develops and sells memory and storage products for data centers, mobile devices, and various industries worldwide.

While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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