We’re raising our Micron price target after an incredible quarter and robust guidance
Micron on Wednesday evening delivered a much better-than-expected quarter and indicated that its fiscal year 2027 will be another strong one as demand for its memory products continues to exceed supply. Revenue in the fiscal 2026 fourth quarter, which ended Sept. 3, rose 379% year-over-year to $54.23 billion, a beat versus the $51.07 billion consensus…