Goldman Sachs significantly raises Micron's target price to $900 Odaily Planet Daily News: Goldman Sachs has released a report predicting that continued market tension will drive Micron's performance to significantly exceed market consensus expectations and company guidance. The bank previously raised its overall industry outlook and expects the tense situation to continue throughout the 2027 fiscal year, bringing higher pricing and profit margins to the industry. Considering the significant increase in stock prices and the potential optimism in the market towards long-term customer agreements, investors' positions remain very optimistic. Goldman Sachs expects Micron's revenue for the third quarter ending at the end of May to be about 9% higher than market consensus, and guided by upward pricing, to achieve significant month on month revenue growth for the end of August quarter. The bank expects revenue, gross profit margin, and earnings per share for the previous quarter to be $37.6 billion, 83.4%, and $22.07 billion, respectively, while market consensus is $34.4 billion, 81.9%, and $19.74 billion, respectively. For the fiscal year 2026, the bank's revenue/earnings per share forecast for Micron is 30% and 36% higher than market consensus. Goldman Sachs has raised its target price for Micron from $400 to $900, with a neutral rating. (Golden Ten)