Multiple institutions collectively raised the target price of Micron Technology, and the prospects for AI storage demand continue to receive sustained optimism.

After Micron Technology announced its performance, Wall Street institutions intensively raised their target prices on the 25th and 26th. As of June 26th, at least 14 institutions have raised Micron's target price, with the latest target price ranging from $1200 to $2000, averaging about $1574. Among them, D.A. Davidson and Susquehanna have given a target price of $2000. Institutions generally believe that AI will continue to drive the growth of HBM and DRAM demand, and the tight supply and demand situation in the storage industry is expected to continue, with Micron still having room for profit growth in the future.