Morgan Stanley Raises Micron Stock Price Target Due to Strong AI Demand and Strategic Agreements

Morgan Stanley raised its price target for Micron Technology (MU) from $1,050 to $1,200 amid strong demand driven by artificial intelligence. The firm cited durable market conditions and 16 strategic customer agreements that secure a significant portion of Micron's DRAM and NAND flash volume through 2030.

By Aditya Raghunath Fri, June 26, 2026 at 7:17 PM GMT+3 5 min read · Yahoo Finance · June 26, 2026, 16:17 UTC

Tickers: $MS $MU

Topics: AI demand memory chips Micron Technology Morgan Stanley supply agreements

Read the full article at Yahoo Finance

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