Micron Technology (MU) News Today

Shares of Micron Technology, Inc. (NASDAQ:MU) rose, driven by a wave of analyst upgrades, bullish options activity and positive sentiment around AI memory demand. Key developments include:

• Positive Sentiment: Wall Street Zen upgraded MU to a "strong-buy" rating, signaling increased conviction among model-based analysts. Wall Street Zen Upgrades Micron Technology to Strong-Buy
• Positive Sentiment: MU hit a new 12-month high after another analyst raised their outlook, underlining growing confidence in its AI-driven memory products. Sets New 52-Week High on Analyst Upgrade
• Positive Sentiment: Another brokerage raised MU’s rating to "strong-buy," reinforcing the bullish analyst trend. Stock Rating Upgraded by Wall Street Zen
• Positive Sentiment: Micron’s stock jumped 2.3%, prompting calls that dips may be buying opportunities amid strong memory demand. Stock Price Up 2.3% – Time to Buy?
• Positive Sentiment: Reports highlight a surge in MU shares fueled by AI adoption in data centers and shifting market dynamics. Micron’s Stock Surges Amid AI and Market Shifts
• Neutral Sentiment: Goldman Sachs maintained its "hold" rating on MU, underscoring a wait-and-see approach despite industry tailwinds. Goldman Sachs Sticks to Hold Rating
• Neutral Sentiment: Unusually high options volume was noted, with a 31% jump in call purchases, reflecting active positioning but not a clear direction. Sees Unusually High Options Volume
• Neutral Sentiment: Another report highlighted very large single-day options flow, pointing to speculative interest without confirming bullish conviction. Target of Unusually Large Options Trading
• Neutral Sentiment: Goldman Sachs reiterated a Neutral rating with a $130 price target, suggesting the current valuation is largely in line with fundamentals. Reiterated Neutral at Goldman Sachs
• Neutral Sentiment: A broader piece on top AI stocks highlights Micron’s role in the sector but does not change its standalone outlook. 2 Top AI Stocks Ready for a Bull Run