Wall Street mainstream institutions' latest target prices for MU and SNDK:

1. Micron Technology (MU) — Current price approximately $727
Micron has recently undergone an extremely exaggerated valuation reshaping, driven by the demand for HBM and the continuous surge in DRAM prices. Citi directly doubled its target price on May 20:
Citi Bank: Target price sharply increased from $425 to $840 (latest on May 20, maintaining a buy rating, believing that memory and HBM have entered a longer super-cycle).
DA Davidson: Target price up to $1,000 (currently the most aggressive "bullish commander" on Wall Street).
Current institutional consensus: Overall maintains a "strong buy" rating, among 49 institutions covering Micron, 45 give a "buy" rating, with the consensus median tracking quickly approaching the $700 - $800 range.
2. SanDisk (SNDK) — Current price approximately $1,381
Institutions sharply raised their target prices in May:
Citi Bank: Target price raised to $2,025 (latest on May 19, analysts point out that cloud vendors are rapidly accelerating enterprise SSD procurement, with NAND average selling prices expected to soar over 186% year-over-year by 2026).
Susquehanna: Target price up to $2,000.
S&P Global: Basic expectation between $1,311 and $1,422, but long-term target sees $2,300.
Investment bank Evercore ISI: Standard target price $1,200, but the Bull Case (extreme bullish scenario) is as high as $2,600.