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Deep Tide TechFlow news: On June 25, Morgan Stanley issued a report raising the target price for Micron Technology (MU.O) from $1,050 to $1,200 and maintaining an “Overweight” rating. The firm raised its forecast for earnings per share for fiscal year 2027 by about 40% to $168 per share, and increased its free cash flow forecast from $104 billion to $140 billion. The firm is aligned with Micron management’s view, saying that AI will continue to drive DRAM demand to significantly outpace supply after 2027. Micron’s results in the most recent fiscal quarter are consistent with this trend, with both quarterly performance and outlook showing substantial upside. (Jin Ten)