Cantor Fitzgeraldanalyst C J Muse reiteratedMicron Technology Inc(NASDAQ:MU) with an Overweight rating and a $150 price target.

The price target of $150 reflects ~14 times Muse's calendar year 2025 EPS estimate versus the prior 13 times.

Muse highlighted key takeaways from its investor call with Micron.

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The discussion mainly focused on the overall health of the DRAM or HBM market and Micron's increasingly differentiated product portfolio.

The company noted that the meaningful outperformance for the November quarter guide was driven entirely by...