UBS Raises Micron (MU) Price Target to $400, Citing AI-Driven Re-Rating

Micron Technology, Inc. (NASDAQ:MU) is one of the AI Stocks Analysts Are Watching Closely. On January 7, UBS analyst Timothy Arcuri raised the price target on the stock to $400.00 (from $300.00) while maintaining a “Buy” rating. The firm sees Micron as structurally revalued driven by AI demand and improved EPS durability. UBS’s price target hike follows a series of investors meetings and dinners with Micron’s management, involving key personnel such as the CEO, CFO, and Investor Relations. These bullish m ...