Micron stock closes near $395 after UBS lifts target — what to watch Monday
Micron Technology shares rose 3% to $394.69 Friday after UBS raised its price target to $450, citing memory shortages possibly lasting into 2027. Semianalysis, however, forecast Micron would miss out on Nvidia’s next-generation HBM4 memory orders, with SK Hynix and Samsung expected to split supply. About 37.2 million Micron shares traded hands.