share_log

高盛:上调美光目标价至158美元 看好高频宽存储器市占增长

Goldman Sachs: raises Micron's target price to $158, bullish on high-frequency wide storage market share growth.

Breakings ·  Jun 28 14:16
Goldman Sachs raised its target price for Micron from $138 to $158 and maintained its "buy" rating. The bank pointed out that even though Micron's performance in the third quarter ending in May was strong and significantly exceeded market expectations, the company's fourth quarter forecast ending in August was worse than expected, which caused the stock to fall by 8% in after-hours trading (7% the next night). The bank believes that the recent stock price correction is a buying opportunity. The bank continues to expect that the growth of AI computing will initially appear in core data centers, but will eventually expand to edge devices, and is optimistic about Micron's market share growth in the high-frequency wide storage market, as well as the group's supply control with its peers, promoting positive earnings per share forecasts for the current fiscal year and fiscal year 2025.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment