{
  "id": 9314335,
  "title": "Wells Fargo cuts Micron stock price target on valuation debate",
  "url": "https://urgent.news/2026/09/23/wells-fargo-cuts-micron-stock-price-target-on-valuation-debate",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T10:32:55.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/wells-fargo-cuts-micron-stock-price-target-on-valuation-debate-93CH-4912544"
  },
  "original_language": "en",
  "account": null,
  "summary": "Wells Fargo has lowered its price target on Micron Technology shares to $1,400 from $1,525 while maintaining an Overweight rating. The firm now projects fiscal 2026 revenue of $132.3 billion with earnings per share of $75, fiscal 2027 revenue of $261.3 billion with EPS of $166, and fiscal 2028 revenue of $287.8 billion with EPS of $178. The reduced price target reflects the firm's expectation that investors will continue to debate Micron's peak earnings potential and the value of supply chain agreements.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}