On the eve of performance, Mizuho is bullish on Micron Technology (MU.US): target price raised to $182, optimistic about High-Bandwidth Memory (HBM) and memory prospects.

According to the Uknow Financial APP, Mizuho Securities has raised its price target for Micron Technology (MU.US) from $155 to $182 and maintained its "outperform" rating. This adjustment comes on the eve of Micron's fourth quarter earnings announcement on September 23. The analyst team led by Vijay Rakesh pointed out that the upward revision is mainly based on the increased valuation of Micron's high-bandwidth memory (HBM), as well as optimistic expectations for the dynamic random-access memory (DRAM) and NAND flash markets.