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business23h ago
Why Micron Stock Popped Again Today | The Motley Fool
- Micron stock rose after Mizuho analyst Vijay Rakesh boosted his price target, signaling renewed optimism.
- The note argues NAND prices could soar, with potential 2026 gains and further 2027 spikes.
- Rakesh cites attractive valuations as a reason for the positive outlook on semis and Micron.
- Analysts expect Micron earnings to rise, supporting a favorable 2026 outlook.
- Market data show Micron trading near a high price range amid bullish sentiment.
- The analysis links NAND demand growth to potential margin expansion for Micron.
- The piece cites a market outlook where NAND demand outpaces supply, driving prices higher.
- The report notes Mizuho’s updated rationale for Micron’s upside tied to NAND dynamics.
- The article references historical target updates from the same analyst as a driver of momentum.
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