daz999999999
08-03 16:59
$Micron Technology(MU)$  


Wall Street remains highly bullish on Micron Technology (MU), with a consensus 12-month average price target of $1,569.29, representing an approximate 91% upside from its current price of $818.50.

The stock has experienced significant volatility, undergoing a steep 30%+ correction from its June all-time high of $1,255.00. 

This pullback has been driven by broader semiconductor profit-taking, concern over AI valuation bubbles, and reports that high-profile investors like Michael Burry have increased short positions near the $880 level.


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