Deep Tide TechFlow News, May 27 — UBS released a report upgrading Micron Technology (MU.O) earnings forecasts, indicating that long-term agreements have been solidly implemented across most industry sectors. It is expected that the company's earnings per share will remain stable above $100 from 2027 to 2029, with the target price raised from $535 to $1,625.



The bank raised its adjusted EPS forecasts for Micron for 2026-2028 by 8-25%, to $63.74, $142.23, and $169.64 respectively, maintaining a "Buy" rating, and believes the market will start to assign a more normal valuation multiple to the stock. (Jin10)
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