Barclays and Wells Fargo Lift Price Targets on Micron Technology (MU)

2 weeks ago 9

Noor Ul Ain Rehman

Mon, January 19, 2026 astatine 3:19 AM CST 2 min read

Micron Technology, Inc. (NASDAQ:MU) is 1 of the champion beardown bargain maturation stocks to bargain according to hedge funds. On January 15, Barclays lifted the terms people connected Micron Technology, Inc. (NASDAQ:MU) to $450 from $275 and maintained an Overweight standing connected the shares, telling investors that it adjusted terms targets and ratings connected the semiconductors and semiconductor superior instrumentality radical to bespeak its 2026 outlook. It expects the AI taxable to beryllium the cardinal operator of banal show successful 2026, and frankincense is inclined towards stocks “centric to the pillars of the AI ramp”, stating that prime volition “ultimately emergence to the apical successful a twelvemonth definite to beryllium mired with statement connected however overmuch of this accidental tin really deploy.”

Micron’s (MU) 2026 Outlook Strengthens arsenic Memory Pricing Improves

In summation to Barclays, Wells Fargo besides raised the terms people connected Micron Technology, Inc. (NASDAQ:MU) to $410 from $335 connected the aforesaid time and reiterated an Overweight standing connected the shares. The steadfast stated that it updated its bottom-up Semi manufacture exemplary and took into relationship cardinal themes ahead, highlighting AI token-driven supply/demand models, WFE die-to-wafer models, and Industrial and Electrical starring AI indicators.

Micron Technology, Inc. (NASDAQ:MU) provides innovative representation and retention solutions. Its operations are divided into the pursuing segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU).

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.