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Why Micron Stock Bounced Back Today

The Motley Fool·
Why Micron Stock Bounced Back Today

Micron stock surged 11.7% on Thursday after a two-day decline, with Wolfe Research analyst Chris Caso raising the price target to $1,250 per share. The analyst predicts DRAM and NAND memory prices could rise significantly through 2026-2027, driven by insatiable AI data center demand, potentially supporting strong earnings and sales growth for Micron through 2028.

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