Micron (MU) higher in premarket after BofA raised its PT on the company to USD 950 (prev. USD 500)

Micron's shares are gaining in premarket trading following Bank of America's significant increase in the price target to $950 from $500.

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Micron (MU) higher in premarket after BofA raised its PT on the company to USD 950 (prev. USD 500)

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This strong endorsement likely reflects confidence in Micron's growth prospects within the semiconductor sector and could lead to a positive sentiment across tech stocks, especially in semiconductors.

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