Key Stats for Micron Stock
- Price change for Micron stock in the last 6 months: 143%
- $MU Stock Price as of Aug. 14: $972
- 52-Week High: $1255
- $MU Stock Price Target: $1502
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What Happened?
Micron (MU) stock got a fresh vote of confidence on Friday after NewStreet Research upgraded the memory chip maker to Buy, setting a $1,250 price target. Shares had already climbed 4% on Thursday, closing at $949.83.
Analyst Pierre Ferragu argued that Micron stock is breaking away from the memory industry’s typical boom-and-bust cycle.
He pointed out that Micron stock has surged more than 10 times since…
