Micron approaches $1tn as UBS sees a path to $1.8tn over 12 months
Timothy Arcuri lifted his price target to $1,625 from $535 on the back of long-term HBM supply agreements that, in his read, compress the boom-bust memory cycle into something closer to a structural duopoly. Micron Technology shares rose as much as 19% on Tuesday after UBS analyst Timothy Arcuri…
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