Analysts Hike Their Micron Estimates, Pushing MU Stock Price Targets Higher

Analysts keep hiking their revenue forecasts for Micron Technologies (MU), as well as their price targets. Thus, its forecasted adjusted free cash flow projections (FCF) could push MU stock 43% higher to $610 per share over the next year. 

MU closed up 1.42% yesterday at $426.56. It's been on a tear upward since bottoming out on March 30 at $321.80. However, MU is still below a recent peak of $461.73 on March 18.