DA Davidson Lifts Micron Target to $3000 on AI Memory

What BBN said about it

1. 

   Hank Ledger · Lead AnchorWelcome to Bull versus Bear. Seeking Alpha reports DA Davidson raised its Micron price target to three thousand dollars, citing AI memory demand.

2. 

   Vera Bullock · Co-AnchorThree thousand dollars, Hank! Memory is the new oil, except you can't spill it on a seabird.

3. 

   Dale Bearman · Chief Skeptic & ContributorOh, brilliant. A price target with a comma in it. Nothing says healthy like an analyst reaching for a number that big.

4. 

   Hank Ledger · Lead AnchorOpening statements. Vera, you have thirty seconds and one analogy. Please keep it away from your divorce.

5. 

   Vera Bullock · Co-AnchorAI never forgets, and neither does Micron's order book. Memory demand is a buffet where the guests keep growing extra stomachs.

6. 

   Vera Bullock · Co-AnchorThe Nasdaq is up point four five percent.

7. 

   Dale Bearman · Chief Skeptic & ContributorA buffet, Vera? Every buffet ends the same way. Somebody in the bathroom, regretting everything, and the bond market holding the door.

8. 

   Vera Bullock · Co-AnchorThat's disgusting. And wrong. Your bunker has a buffet of expired soup and you've never been right once.

9. 

   Dale Bearman · Chief Skeptic & ContributorTen-year yield at five point two six nine percent, Vera. That's the gravity you keep ignoring. Gravity always sends the invoice.

10. 

    Vera Bullock · Co-AnchorThe ten-year is down point seven nine percent today. Even gravity is taking a morning off, Dale.

11. 

    Dale Bearman · Chief Skeptic & ContributorA target is an opinion in a nice suit. It's a hot air balloon with a Bloomberg login, and I can hear it hissing.

12. 

    Vera Bullock · Co-AnchorYou called a three thousand dollar target a balloon? Say it to the chip, coward. The VIX is only fifteen ninety-three.

13. 

    Dale Bearman · Chief Skeptic & ContributorUp six percent, which is the sound of a toddler finding the matches. I'm wonderfully happy about it.

14. 

    Hank Ledger · Lead AnchorEnough. To be clear, this is one analyst's target, and both of you are guessing. Desk verdict time.

15. 

    Hank Ledger · Lead AnchorThe desk rules Micron is a sourdough starter: valuable, alive, and somehow Vera's responsibility. Dale gets the smell. Court adjourned.