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Veteran banks set astonishing target prices for Micron Technology stock amid AI boom

On Friday, Micron Technology (stock ticker: MU) gained attention after Susquehanna raised its target price for the company, which mentioned strong demand trends in the DRAM and NAND markets.

Susquehanna raised Micron's target price from $600 to $1,750, citing benefits from rising DRAM prices, partly due to more supply being directed toward high-bandwidth memory products and server applications related to AI workloads.

The firm also stated that Micron may receive additional support from increased NAND storage demand driven by AI inference systems, with enterprise solid-state drive demand possibly strengthening in the second half of 2026; currently, the tight supply environment may put pressure on hardware production across the broad server market, limited memory supply could lead some OEMs to reduce shipments later this year, and some server and storage device deliveries may be delayed until the first half of 2027.

Micron's stock price rose about 4% on Friday, and GuruFocus has detected 7 warning signals for Micron Technology. $MU
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Crypto_Buzz_with_Alex
· 3h ago
To The Moon 🌕
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Crypto_Buzz_with_Alex
· 3h ago
2026 GOGOGO 👊
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discovery
· 9h ago
2026 GOGOGO 👊
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