Micron Stock Surges on Positive Outlook and Market Rally

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Source: The Motley Fool
Micron Stock Surges on Positive Outlook and Market Rally
Photo: The Motley Fool
TL;DR Summary

Micron's stock surged over 10% after Bernstein analyst Mark Li raised his price target to $330, citing strong Q1 earnings with record revenue and margins, and optimistic forecasts for rising DRAM prices throughout 2026 driven by AI demand and data center growth.

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