Micron Technology Inc(NASDAQ:MU) released its Q3 2024 earnings after the market close on June 26, reporting better-than-expected revenue of $6.81 billion and earnings per share of 62 cents, surpassing estimates. Despite this, the stock traded lower on Thursday due to lackluster top-line guidance, affecting not only Micron but alsoAdvanced Micro Devices,Inc(NASDAQ:AMD) shares in sympathy.

Here's how 8 analysts covering Micron stock reacted to the report:

BofA Securities Sees Potential Share Gains With Micron Stock

Analyst Vivek Arya reiterated a Buy with a price target of $170, implying a 19.4% upside.

Arya sees the company as a "key AI...