Why Micron Stock Just Popped Again

nasdaq
2026.05.19 19:40
portai
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Micron Technology's stock rose 4% after Citigroup and Mizuho raised their price targets, with Citigroup's target nearly doubling to $840. Mizuho's target increased from $740 to $800, citing strong demand for NAND and DRAM memory through 2027. Analysts forecast significant revenue growth for Micron, with earnings expected to increase tenfold. Despite concerns about a potential downturn, the outlook remains positive for the near future.