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STOCKS | Bank of America Securities Reiterates Buy Rating on Micron With $1,550 Target Price

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2026-07-08 14:30:19
Bank of America Securities reiterated its Buy rating on Micron and kept its target price at $1,550. According to NS3.AI, the bank said the recent correction in semiconductor stocks reflects a normal adjustment rather than evidence of weakening demand tied to AI.

The note framed the pullback as part of typical market movement in the sector, while maintaining its outlook for Micron.
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