Micron’s Upcoming Q3 Earnings Preview 
<p>Deutsche Bank analysts raised their price target on <a href='https://financialmodelingprep.com/financial-summary/MU'>Micron Technology (NASDAQ:MU)</a> to $65 from $55 while maintaining their Hold rating, ahead of the company’s upcoming Q3 earnings on June 29.</p>
<p>The analysts acknowledged the company’s near-term risks but anticipate a stronger recovery in the second half of 2023. They emphasized the evolving supply-demand dynamics in the memory industry, highlighting Samsung's reduced production and the surge in memory demand linked to AI. Despite no current pricing inflection, the analysts believe the market is positively trending.</p>
<p>However, the analysts also pointed to the macro uncertainty of worsening end demand, specifically in servers, and the need for clarity on strategic buys' (mainly in IT Hardware) impact on future demand trends.</p>

NASDAQ:MU