Worthington Financial Partners LLC disclosed a new stake in Micron Technology of 54,128 shares. This $15.45 million investment makes Micron the firm's largest holding. The position represents 13.7% of Worthington's total portfolio. Virtu Financial LLC also initiated a position with the purchase of 9,197 shares. This new stake is valued at approximately $2.63 million.
Wedbush and other firms recently raised their price targets for the semiconductor manufacturer. Analysts cite strong demand for memory chips in the artificial intelligence sector as a primary driver. Favorable pricing for DRAM and NAND products further supports the bullish outlook. The consensus rating remains a Buy. Some analysts set price targets as high as $1,500.