Micron stock slips as UBS, Piper lift targets to $400 ahead of New York megafab kickoff
Micron shares fell 1.1% to $339.55 early Thursday, cooling after a sharp rally among memory-chip stocks. UBS and Piper Sandler raised their price targets to $400, citing tight 2026 supply and AI demand. Micron will break ground on its $100 billion New York megafab on Jan. 16.