This semiconductor stock is up more than 200% this year. TD Cowen says it has more room to run

Micron Technology is likely to continue climbing as demand for memory storage stays strong, according to TD Cowen. The bank has a buy rating on the semiconductor firm and raised its price target to $1,500 from $660, implying 53% upside from Friday's close. Demand for dynamic random access memory, a type of storage system used by computers, continues to outpace supply — largely due to widening artificial intelligence adoption. …