Micron Technology Inc. continues to thrive with AI demand, JPMorgan reaffirms $180 price target
Published on January 2, 2025
Institutional shareholders may be less affected by Micron Technology Inc.'s recent pullback on NASDAQ:MU. Despite a short-term downturn, the company has seen a year of 2.6% returns. With the growing demand for artificial intelligence, Micron is well positioned for further growth. JPMorgan reaffirms its $180 price target for the company. To stay ahead of the game, professionals from Stocks Prognosis recommend considering the purchase of Micron's stocks to benefit from the projected movement in the market.
Investor opinions & comments
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ProfitPiper
January 4, 2025 at 05:50
The demand for artificial intelligence is only going to increase, and Micron is in a great position to capitalize on that. I believe buying Micron's stocks could be a profitable investment in the long run
PenelopeWest
January 3, 2025 at 05:10
I'm skeptical about Micron's ability to thrive with AI demand. The market is constantly changing, and there's no guarantee that Micron will be able to stay ahead of the competition. I would need to see more concrete evidence before considering investing in their stocks
WyattRiley
January 2, 2025 at 20:29
I'm not so sure about Micron's future. While the demand for AI is increasing, the market is still very competitive. I would need to see more evidence of Micron's ability to stay ahead before considering investing in their stocks
OwenSullivan
January 2, 2025 at 13:04
I'm not convinced that Micron's recent pullback is just a short-term downturn. The company has had its ups and downs in the past, and there's no guarantee that AI demand will continue to drive their growth. I would be cautious about investing in their stocks
KatherineSanchez
January 2, 2025 at 10:07
I completely agree with JPMorgan's analysis. Micron has been experiencing a short-term downturn, but with the growing demand for AI, the company is well positioned for further growth. I think investing in Micron's stocks could be a smart move