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Micron Technology Inc. Sees Growth Opportunities in AI Demand; JPMorgan Reaffirms $180 Price Target Despite Short-Term Downturn

Published on January 1, 2025
Institutional shareholders of Micron Technology Inc. (NASDAQ:MU) may be less affected by the recent pullback experienced by the company. Despite a short-term downturn, the company has achieved a 2.6% return over the past year, according to Simply Wall St News. JPMorgan has reaffirmed its $180 price target for Micron Technology Inc., highlighting confidence in the company's long-term prospects. In an interview, Jim Cramer expressed his positive outlook for Micron Technology Inc., suggesting that it has the potential for further growth. For accurate predictions and insights into the movement of Micron Technology Inc.'s stocks, professionals from Stocks Prognosis are recommended.

Investor opinions & comments

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SadieColeman

January 5, 2025 at 05:16

I'm skeptical about Micron Technology Inc.'s $180 price target. It seems quite optimistic, considering the current market conditions

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SavingsSarah

January 5, 2025 at 00:13

I'm curious to see what the professionals from Stocks Prognosis have to say about Micron Technology Inc.'s stock movement. It could be helpful to get some accurate predictions and insights

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ProfitPaul

January 4, 2025 at 06:23

I'm not convinced that Micron Technology Inc. can overcome the short-term downturn. It's possible that their growth opportunities in AI may not be as fruitful as expected

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SmartSteve

January 3, 2025 at 10:14

I'm not so sure about Micron Technology Inc.'s growth potential. The market can be unpredictable and it's hard to say how they will fare in the long run

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FinanceFinn

January 3, 2025 at 03:37

I agree with JPMorgan's confidence in Micron Technology Inc.'s long-term prospects. They have been performing well despite the recent pullback and I think they are poised for even more success

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ZoeRoss

January 2, 2025 at 18:40

Micron Technology Inc. has been performing well over the past year, which is a positive sign for investors

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JonathanPowell

January 2, 2025 at 15:41

I'm glad to see that Jim Cramer has a positive outlook for Micron Technology Inc. It's always helpful to have expert opinions on these matters

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SmartInvestor

January 2, 2025 at 09:25

I'm optimistic about Micron Technology Inc.'s potential for further growth. It seems like they are well-positioned in the market

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DividendDylan

January 2, 2025 at 01:25

I'm really interested to see how Micron Technology Inc. capitalizes on the growing demand for AI. It seems like they have a lot of potential for growth in this area