Micron stock falls despite multiple price target boosts

) are falling on Thursday afternoon despite receiving multiple price target increases from JPMorgan, Needham & Company, and TD Cowen. JPMorgan is especially bullish on Micron, calling the company one of its top picks for the semiconductor space.Let's get to some calls of the day here, Jp Morgan raising its price target on my ground from $130 a share to 180.

And basically the argument here is that we're very early in this cycle typically in the memory industry, the up cycles 6 to 8 quarters of positive eps revision trends.And so a lot of the messaging from these analysts, even if we talk about a huge name like NVIDIA is that there's still potential room to run here.

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