Veteran Analyst Firm Hikes Micron Stock Target 100% Just Before Earnings
Micron Technology stock rose 7% to $1,120 on Thursday morning. This surge follows a series of significant price target increases from Wall Street analysts. The stock has seen a total increase of 266%.
What changed
Shares rose 7% to $1,120 following new analyst target hikes.
Live updates
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Micron Shares Climb as Wall Street Raises Price Targets
confidence 80%Micron Technology stock rose 7% to $1,120 on Thursday morning. This surge follows a series of significant price target increases from Wall Street analysts. The stock has seen a total increase of 266%.
What's confirmed:
- Micron Technology shares rose 7% to $1,120 on Thursday morning.
- Micron stock has increased 266%.
Still unconfirmed:
- A veteran analyst firm increased its Micron stock target by 100%.
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Analysts Raise Micron Price Targets Ahead of June 24 Earnings
confidence 85%Micron Technology is seeing a surge in stock price targets from Wall Street analysts as the company approaches its June 24 earnings report. Optimism is driven by AI memory demand and a tightening memory market. However, some investors warn of risks related to high expectations and stretched valuations.
What's confirmed:
- Micron Technology will report earnings on June 24.
- Stifel has set a price target of $1,500 for Micron.
- Mizuho raised its Micron price target to $1,150 on May 27 and maintained an outperform rating.
Still unconfirmed:
- RBC Capital lifted the Micron price target by $675.
- Multiple banks more than doubled their price targets within one week.
- Micron was one of the 12 stocks most bought by hedge funds in Q1 2026.