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Micron Is Up 225% This Year and Still Trades at 5 Times Earnings. Is It Too Late?
The memory-chip maker has secured most of fiscal 2027 shipments and posted record revenue as investors still price the stock at about 5 times forward earnings.
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BizTocMicron Is Up 225% This Year and Still Trades at 5 Times Earnings. Is It Too Late?
The post Micron Is Up 225% This Year and Still Trades at 5 Times Earnings. Is It Too Late? appeared first on 24/7 Wall St.. Micron Technology (NASDAQ:MU) is up 221.96% year to date, and the market still values it at about 5x forward earnings. Our 24/7 Wall St. price target for Micron is $987.56 over the next 12 months. 24/7 Wall St. Price Target Summary Metric Value Current Price $918.18 Price Target from 24/7 Wall St. $987.56 Upside/Downsid…
·Lakewood, United States
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Total News Sources4
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
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