Svmuu News: Morgan Stanley released a report raising its price target for Micron Technology (MU.O) from $1,050 to $1,200 and maintaining its “Overweight” rating.The firm raised its fiscal 2027 earnings per share (EPS) forecast by approximately 40% to $168 per share and increased its free cash flow forecast from $104 billion to $140 billion.The firm shares the view of Micron management that AI will cause DRAM demand to continue to significantly outpace supply beyond 2027. Micron’s results for the previous quarter were in line with this trend, and there is significant upside potential for both quarterly performance and outlook. (Jinshi)