Micron Shares Hit Record High as Mizuho Hikes Target to $1,150
MU•Micron Technology received two price-target increases after hitting a record-high share price, with Mizuho raising its target to $1,150 from $800 and maintaining an outperform rating. Sandisk also reached an all-time high, underscoring strength in the memory-chip sector.
1. Analyst Upgrades and Price-Target Increases
Mizuho Securities raised its price target on Micron to $1,150 from $800 and maintained an outperform rating, reflecting confidence in memory-chip demand and the company’s growth trajectory.
2. Records and Peer Performance
Micron shares climbed to a new all-time high following the price-target hikes, while Sandisk also reached record levels, highlighting strength across the NAND and DRAM markets.
