Analyst Upgrades and AI Demand Propel Growth
Micron Technology (NASDAQ: MU) is experiencing significant momentum in June 2025, bolstered by strong analyst endorsements, robust demand for AI-driven memory products, and promising financial indicators.
Micron’s Stock Performance and Analyst Sentiment
As of June 5, 2025, Micron’s stock price stands at $107.51, reflecting a 4.27% increase from the previous close. This uptick follows UBS Group’s decision to raise its price target from $92 to $120 while maintaining a “Buy” rating, citing improved demand for DRAM and High Bandwidth Memory (HBM) products.
Mizuho Securities also adjusted its price target to $130, reiterating an “Outperform” rating based on Micron’s advancements in AI memory solutions and anticipated growth in…