Micron’s "mu stock price today forecast" benefits from positive brokerage notes citing strong bit shipment growth. The immediate technical pivot sits at $136.80, crucial for intraday trend continuation. As such, the investments, deals and optimism propelling the AI trade are likely to be pivotal for the entire stock market in the coming months. Regarding Micron and its value, assuming the 15 times P/E valuation it is running in mid-August is fair value, the stock presents a deep value to long-term buy-and-hold investors. Micron’s "mu stock price today forecast" is buoyed by a recent supplier update showing DRAM wafer output optimization. Analysts believe gross margin could expand by 1–2% next quarter, potentially lifting share price targets.
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