Micron and Texas Instruments Get Price Target Boost as Top Mizuho Analyst Sees Strong Chip Demand

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2026.05.19 18:39
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Mizuho analyst Vijay Rakesh raised price targets for Micron Technology (MU) and Texas Instruments (TXN), citing strong chip demand driven by rising AI needs and improving sector trends. Rakesh ranks highly among analysts, with a 71% success rate and an average return of 68.9% per rating over the past year.