BNP Paribas Exane Upgrades Micron Technology (MU) To Outperform, Raises PT

​Micron Technology, Inc. (NASDAQ:MU) is one of the Hottest Mega-Cap Stocks of 2025. On October 13, Karl Ackerman from BNP Paribas Exane upgraded Micron Technology, Inc. (NASDAQ:MU) from Underperform to Outperform and raised the firm’s price target on the stock from $100 to $270.

​The analyst noted that their firm has now fully embraced the high-bandwidth memory sector as a separate growth vector. He believes that Micron Technology, Inc. (NASDAQ:MU) and the memory sector in general are entering the early innings of a super cycle.

​In addition to BNP Paribas Exane, on October 8, Timothy Arcuri from UBS also raised the firm’s price target on Micron Technology, Inc. (NASDAQ:MU) from $195 to $225, while reiterating a Buy rating on the stock.

​Micron Technology, Inc. (NASDAQ:MU) is a technology company that provides memory and storage solutions. The company manufactures a portfolio of high-performance memory and storage products, including DRAM, NAND, and NOR technologies.

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Disclosure: None. This article is originally published at Insider Monkey.