TD COWEN raised its price target on Micron Technology (MU.O) to $1,500 from $660, extending a sharply more bullish stance on the stock. The new information points to Micron's pre-sold AI memory as a driver of its stronger market position, suggesting demand linked to artificial intelligence has materially improved its outlook. At the same time, competitive pressures and the sustainability of earnings remain key investor concerns, indicating the higher target is accompanied by questions over how durable the current momentum will be.