UBS Raises Micron Price Target to $1,625, Wall Street High, Implies $1.8 Trillion Valuation

GateNews
According to UBS, on May 26, Micron Technology's stock price rose 8% pre-market after the bank raised its price target from $535 to $1,625, marking the highest on Wall Street. The new target implies the stock could more than double from pre-market levels around $800, valuing the memory chip maker at approximately $1.8 trillion.
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