$Micron Technology(MU.US)$'s stock reached a record high on Monday after Bank of America analysts raised their price target due to the company's advantageous position in the AI boom. This positive outlook contributed to a nearly 7% rise in Micron's shares, reaching $127, and adding to its impressive 50% increase year-to-date.
Analysts Raised Their Price Target for MU
• Bank of America analysts labeled Micron a...