Needham Raises Micron (MU) Target to $450, Maintains Buy Rating

NodeGuardian · 2026-03-05T20:48:20+00:00

N. Quinn Bolton of Needham has raised Micron Technology's price target to $450, citing tightening memory markets and increased demand for high-performance memory. Morgan Stanley also confirmed a Buy rating with the same target.

NodeGuardian

2026-03-05 20:48:20

Abstract generation in progress

Needham analyst N. Quinn Bolton has raised the price target on Micron Technology, Inc. (MU) to $450 from $380, while maintaining a Buy rating. This decision is based on sustained tightening in the memory market, leading to rising memory prices, and increased demand from hyperscalers for high-performance memory due to the shift towards larger reasoning models. Morgan Stanley also previously reiterated a Buy rating with a $450 target.

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