US Stock Market Move | Storage concept stocks continue to rise, with Micron Technology, Inc. (MU.US) up more than 5%, reaching a record high stock price.
Storage concept stocks continued to rise, as of the time of writing, Micron Technology has risen by more than 5%.
On Friday, storage concept stocks continued to rise, as of the time of publication, Micron Technology, Inc. (MU.US) was up more than 5%, SanDisk (SNDK.US) was up more than 2.4%, and Seagate Technology Holdings PLC (STX.US) was up more than 1.8%, all hitting new historical highs. Several Wall Street banks updated their ratings for Micron Technology, Inc., with target prices ranging from $1,150 to $1,750. Mizuho Securities analyst Vijay Rakesh maintained a buy rating and raised the target price from $800 to $1,150; Hana International analyst Mehdi Hosseini maintained a buy rating and raised the target price from $525 to $1,750; Davidson Trust analyst Gil Luria maintained a buy rating and raised the target price from $1,000 to $1,500; and DBS Bank analyst Jim Hin Kwong Au maintained a buy rating and raised the target price from $900 to $1,200.
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