🔭 MU: The Street Just Repriced the Story Deutsche Bank nearly doubling its MU target overnight tells me this is less about a neat valuation tweak and more about conviction snapping into place. When a top-tier analyst like Melissa Weathers is willing to put a number that far above consensus, the market has to ask whether it’s still treating the cycle like a normal cycle. ⚖️ My read: the bullish case is that memory is no longer being priced as a sleepy commodity business, but as a leveraged beneficiary of the AI infrastructure buildout. The risk is obvious, though — when expectations move this fast, the stock starts inheriting perfection as a baseline. I lean constructive, but not because the headline is flashy; because the re-rating suggests fundamentals may be outrunning the old narrative. 👁️‍🗨️ The real takeaway is that the debate is shifting from “is MU cheap?” to “how long can this demand regime stay unusually strong?” #MU #Semiconductors #AI