Micron Stock Today (MU): UBS Lifts Price Target to $275 as AI Memory Boom Collides With Capex Fears – November 20, 2025
UBS raised its price target for Micron Technology to $275, citing fully booked high-bandwidth memory capacity through 2026 and tight supply. Shares traded around $220 Thursday, down 2.5% on the day but up over 170% year to date. Executives warned of higher capital spending at an RBC conference, unsettling some investors. UBS projects FY2026 EPS of $16–17 per share.