According to CoinMeta, Bank of America reaffirmed its buy rating on Micron, with a target price of $1,550, stating that recent sell-offs represent enhanced buying opportunities. The bank expects memory prices to normalize from 2027 to 2028, but the fundamentals remain strong. Bank of America forecasts Micron's earnings per share for the fiscal year 2028 to be around $150, and in a pessimistic scenario, around $100, which is still significantly higher than the peak of about $12 from the previous cycle.