Micron stock jumps on fresh $390 target — what to know before Monday’s open
New York, Jan 11, 2026, 11:13 AM EST — Market closed
- Micron surged 5.5% on Friday, pushing its chip-sector rally into early 2026 territory
- Mizuho raised its price target to $390 while maintaining an Outperform rating
- Traders will be watching for follow-through moves on Monday and any updates on memory chip pricing
Micron Technology (MU.O) jumped 5.5%, closing Friday at $345.09 following a price target boost from Mizuho. The iShares Semiconductor ETF also climbed 2.9%, highlighting widespread gains ahead of the weekend. (TipRanks)
This shift is significant since Micron is now a key barometer for data-center demand and memory prices. Friday’s surge tightens the margin for any letdown when upcoming reports…
