$Micron Technology(MU)$ Major themes: Micron beat EPS & revenue expectations, provided strong guidance, and analysts have responded with multiple price-target raises and rating changes, especially on AI/HBM demand drivers. ⸻ 🧠 1. Current Consensus & Ratings Analyst Consensus • Consensus Rating: Buy • Consensus Price Target: ~$288 (with a wide range) • High Target: up to $500 • Low Target: around $150  Interpretation: Most analysts see upside potential from current trading levels, though targets vary widely due to differing assumptions about memory pricing and supply cycles. ⸻ 📈 2. Recent Upgrades & Bullish Calls 🔹 BofA Securities • Upgraded from Neutral to Buy • Raised target to $300 • Cited strong
1) Current Market Momentum (Bullish Signals) Soft Inflation & Fed Rate Outlook • U.S. CPI inflation data came in lower than expected, easing concerns about prolonged higher rates. This sparked rally action in stocks including the S&P 500.  • Softer inflation strengthens the case for rate cuts next year, which historically supports equities as borrowing costs fall and valuations expand.  Recent Market Gains • Major U.S. indices — including the S&P 500 — ended sharply higher recently, snapping multi-day losing streaks.  • Asian markets are advancing, reflecting global risk appetite; this often correlates with U.S. strength.  Seasonal & Strategic Optimism • Analysts at Goldman Sachs point to a historically bullish late-December effect with gains often clustered in this per
Price is still a bargain at this point. My take (but no guarantee) Overall, yes — I think there’s a reasonable case that now can be a decent time to buy SLV, if you’re comfortable with volatility and view it as a long-term investment. The dual demand (industrial + safe-haven) and supply constraints provide a good structural backdrop. That said, if you are more conservative, it might make sense to wait for a dip or scale in gradually rather than invest a lump sum immediately.