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Micron hits record high as Bernstein lifts price target
short by / on Friday, 2 January, 2026
Micron Technology shares jumped to a record high after Bernstein raised its price target to $330, citing the strongest pricing upcycle the memory sector has seen. The firm noted that AI-driven demand for HBM and DRAM is tightening supply and lifting prices. Record revenue, margin expansion, and stronger cash flow are also supporting investor optimism.
read more at Stocktwits