Is Micron Technology Stock Headed to $165 a Share?

Shares of Micron Technology (NASDAQ: MU) have climbed 59% over the last year, but one analyst still sees significant upside.

Rosenblatt Securities analyst Hans Mosesmann has a buy rating on the stock, with a $165 price target. That's 109% above the current quote. Mosesmann's stock ratings have a 71% success rate, according to TipRanks, so his calls are worth digging into.

Let's see what's driving Micron's business to determine whether the stock is worth buying today.

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Source Fool.com