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Ross Gerber: Micron up $100 as UBS confirms $100 eps target

Ross Gerber: Micron up $100 as UBS confirms $100 eps target
Micron jumps $100 as UBS confirms outlook

Ross Gerber, CEO / President at Gerber Kawasaki, highlights Micron's strong performance as its stock opened up $100. Gerber notes that he has long considered the stock undervalued, and now UBS has confirmed a $100 earnings per share forecast for 2027, calling it very achievable. Based on this, Gerber has raised his price target to $1500 from $1000, applying a 15 times multiple to the 2027 projected earnings for MU.

Gerber has recently commented on corporate acquisition opportunities, noting that IMAX is for sale and could interest Apple or Netflix to expand their content offerings. He has also referenced Morning Brew’s coverage of the Musk Altman situation and Tesla. These posts reflect Gerber’s focus on major moves in the technology and entertainment sectors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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