Micron Rallies 8.7% to $1,133.99 on June 18 as Wall Street Raises Price Target to $1,500

According to Deutsche Bank, Micron jumped 8.7% to close at $1,133.99 on June 18, with the bank raising its price target to $1,500, implying 32.3% upside from current levels. TD Cowen and Cantor Fitzgerald also raised their price targets to $1,500 the same week. Year-to-date, Micron's stock has surged 259.52%, with a 12-month gain of 830.87%, far outpacing the S&P 500's 9.36% and 25.41% gains respectively.
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