Micron is facing a multi-year growth phase! DA Davidson sets a price target of $3,000!

Astronomical Price Target: DA Davidson raises the price target for Micron to $3,000 at a current price of $1,088 Growth Engine: The fourth quarter of fiscal year 2026 shows a revenue jump of 379.1% to $54.23 billion Market Still Bets on Cyclicality: Valuation remains moderate with an estimated P/E ratio of around 6 for fiscal year 2027 "Micron is on a growth path for the next three to five years, which the market has yet to recognize,” thinks Gil Luria, analyst at DA Davidson. With this clear assessment, the U.S. research firm DA Davidson...