Why Citi Remains Bullish on Micron Technology, Inc. (MU)

2 hours ago 1

Rameen Kasana

Sat, January 17, 2026 astatine 5:45 AM CST 2 min read

Micron Technology, Inc. (NASDAQ:MU) is among the stocks with the champion net maturation for the adjacent 5 years. On January 15, Citi lifted the terms people connected Micron Technology, Inc. (NASDAQ:MU) to $385 from $330 and maintained a Buy rating, portion removing the banal from its US Focus List. According to an expert note, the company’s DRAM pricing momentum whitethorn diminution successful Q2 comparative to Q1, noting that the banal usually moves successful enactment with its quarter-over-quarter pricing momentum.

A time before, RBC Capital began sum connected Micron Technology, Inc. (NASDAQ:MU) with an ‘Outperform’ standing and $425 terms target. The slope believes rising request for generative AI, coupled with amended proviso discipline, has created “extreme tightness” successful the representation space. This could widen the existent upcycle into 2027.

Srini Pajjuri, an expert astatine RBC, noted the company’s robust roadmap, stating that High Bandwidth Memory (HBM) contented is accelerating astatine a complaint higher than 50%, with the HBM4 displacement reflecting a important tailwind for the company. That said, the steadfast anticipates grounds net of $50 oregon much per stock for Micron Technology, Inc. (NASDAQ:MU).

Micron Technology, Inc. (NASDAQ:MU) is an Idaho-based institution specializing successful representation and retention products. Incorporated successful 1978, the institution operates done 4 segments, including the Cloud Memory Business Unit and Core Data Center Business Unit.

While we admit the imaginable of MU arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None.