Shares of Micron Technology (MU) climbed +5.53% after Mizuho analyst Vijay Rakesh significantly raised the price target, citing robust demand for AI accelerators and memory.
- The new price target set by Rakesh for the semiconductor stock is $390 per share.
- The analyst's 2026 outlook highlighted "attractive valuations" and underscored Micron's strong market position in the AI sector.