Micron Stock Could Jump 20%, Analyst Says. AI Is Driving Demand for Storage.
1. Micron shares have surged 128% this year due to AI demand. 2. Analyst raised price target from $200 to $240, suggesting 20% upside. 3. Higher DRAM demand anticipated to boost pricing and margins long-term. 4. Fiscal 2026 earnings estimate increased to $21.05 per share. 5. Market sentiment remains optimistic with majority Buy ratings from analysts.