Memory Boom Pushes Micron Target to $1,250
TL;DR
Wolfe Research boosted Micron Technology's price target to $1,250 from $550, citing sharper DRAM and NAND memory pricing and demand likely to stay ahead of supply through 2027–2028; the note follows similar upgrades from Susquehanna, DA Davidson and Mizuho, with MU shares up about 11% on the day.
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