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stocksJun 22, 2026, 1:32 PM

Needham Raises Micron Price Target to $1,550 Ahead of Earnings

Needham & Company raised its price target on Micron (MU) to $1,550 from $500 ahead of Wednesday's earnings report.

MU

Needham & Company raised its price target on Micron Technology (MU) to $1,550, up significantly from the prior $500 target. The revision was announced before Monday's market open, reflecting strong appreciation in the stock over the past year.

The upgrade comes ahead of Micron's earnings report, which is scheduled for Wednesday. The new target implies substantial upside from previous levels, though specific reasons for the increase were not detailed in the announcement.

Source: FXStreet Forex News