Cantor Fitzgerald Raises Price Targets for Micron, Marvell, AMD and Others on June 29

Cantor Fitzgerald raised price targets for five major semiconductor companies on June 29, citing the durability of the AI infrastructure cycle and stronger-than-expected long-term industry growth. Micron's target was lifted from $1,500 to $2,000 with an overweight rating; Marvell from $220 to $300 with neutral; Lam Research from $425 to $500 with overweight; Intel from $90 to $150 with neutral; and AMD from $500 to $700 with overweight.
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