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Micron's stock target price raised to $1,008 by multiple banks in May

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Micron’s stock target price reached $1,008 in May following upgrades from UBS, Melius, Bank of America, and Deutsche Bank. The average target price surged sharply from $400–$700 in early April. Analysts cite AI storage demand and HBM growth as key drivers. The Fear & Greed Index indicates a shift toward bullish market sentiment, with crypto price movements also reflecting increased risk appetite.

BlockBeats news: On May 27, according to publicly available analyst reports, Micron Technology's stock price received multiple upward target price revisions from international investment banks in May. Among them, UBS, Melius, and others set target prices at $1,100, while Bank of America, Deutsche Bank, and others provided target prices ranging from $950 to $1,000. The average target price for May was $1,008 per share.


This round of adjustment represents a significant upward revision compared to analysts’ target prices in early April ($400–$700), reflecting growing market expectations for AI-driven storage demand and continued growth in the HBM (High Bandwidth Memory) business.

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