Micron stock slides as AI-chip rally cools, even after Piper Sandler’s fresh $400 target
Micron Technology shares fell 3.8% to $326.60 in after-hours trading Thursday, retreating from record highs earlier in the week. Piper Sandler raised its price target on Micron to $400, citing tight supply for 2026. Other memory stocks and the S&P 500 tech index also dropped as investors awaited Friday’s U.S. payrolls report.