🦈 $MU BULL CASE: UBS TARGETS $1,625 AS DRAM/NAND PRICES KEEP CLIMBING 💥
Entry: 970.20 ⚡
Target: 1,625 🚀
📊 The storage supercycle refuses to cool down. KeyBanc's latest projections put DRAM up roughly 32–38% cumulatively by year-end, while NAND surges a staggering 50–61%. That pricing power is institutional gold — and UBS just validated it with an $1,625 target on Micron, a 67% upside from the $970.20 close.
🦈 What's smarter here isn't the raw number — it's the framework. UBS anchored on 2029 EPS at ~11x earnings, deliberately ignoring 2027–2028 profitability. That signals a thesis built on durable structural scarcity, not cyclical noise. Rising Long-Term Agreements further dampen the historical boom-bust volatility that punished this sector for years. 📌
💬 The average Wall Street target sits at $1,549 — so is the street still too conservative, or is UBS front-running the top? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MU #Semiconductors #LongSetup #Storage #Crypto
🎯 🦈
Entry: 970.20 ⚡
Target: 1,625 🚀
📊 The storage supercycle refuses to cool down. KeyBanc's latest projections put DRAM up roughly 32–38% cumulatively by year-end, while NAND surges a staggering 50–61%. That pricing power is institutional gold — and UBS just validated it with an $1,625 target on Micron, a 67% upside from the $970.20 close.
🦈 What's smarter here isn't the raw number — it's the framework. UBS anchored on 2029 EPS at ~11x earnings, deliberately ignoring 2027–2028 profitability. That signals a thesis built on durable structural scarcity, not cyclical noise. Rising Long-Term Agreements further dampen the historical boom-bust volatility that punished this sector for years. 📌
💬 The average Wall Street target sits at $1,549 — so is the street still too conservative, or is UBS front-running the top? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MU #Semiconductors #LongSetup #Storage #Crypto
🎯 🦈