Fed rate hike in 2026?

Wire activity, no reprice

A linked post crossed the wire and this market did not move beyond its thresholds within the 90-minute window. Recorded for the archive; never delivered as an alert.

@DeItaone · 04 Aug 2026, 13:27 UTC

$MU - BOFA: MICRON PULLBACK IS A BUYING OPPORTUNITY BofA reiterated its Buy rating and $1,550 price target on Micron, calling the recent selloff an "enhanced buying opportunity." The bank expects memory pricing to normalize from 2027–2028, but says fundamentals remain strong. BofA forecasts FY2028 EPS of ~$150, with a bear case of ~$100, still far above the prior cycle peak of ~$12. It also sees China's CXMT as "not a threat in AI" and says strong AI memory demand should continue supporting pricing.