Micron Target Price Raised to $1,750 as Analysts Forecast Memory Supply Shortage Through 2027

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According to KeyBanc analyst John Vinh, Micron's stock target price was raised from $1,600 to $1,750 following a supply chain site visit in Asia. Vinh forecasts that memory market supply constraints will persist through 2027, with DRAM prices expected to rise 15–20% in Q3 and NAND flash memory prices projected to increase 30–40%. High-bandwidth memory (HBM) prices across the semiconductor industry are anticipated to more than double next year.
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