Story perspectives
Deutsche Bank Boosts Micron Price Target Ahead of Earnings
9/15/2025
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Story summary
- Deutsche Bank raised Micron's price target from $155 to $175, suggesting an 11% upside ahead of earnings.
- Analyst Melissa Weathers maintains a buy rating before Micron's fiscal fourth-quarter report on Sept. 23.
- Weathers notes tight DRAM supply, predicting growth in average selling prices and gross margins above 50%.
- She expects fourth-quarter revenues of $11.5 billion, surpassing consensus estimates of $11.1 billion.
- Micron's shares have risen by 87% this year, indicating strong market performance.
