FMP

FMP

Datasets
Market NewsEducationHow ToDiscounted Cash Flow ModelDeveloper

Micron Technology (NASDAQ:MU) Maintains "Buy" Rating and Sees Price Target Increase

  • Deutsche Bank maintains a "Buy" rating for Micron Technology (NASDAQ:MU), raising its price target from $300 to $500.
  • Roman Butler Fullerton & Co. and other institutional investors have increased their stakes in Micron, indicating strong market confidence.
  • Micron's stock price shows slight decrease amidst volatility, with a current market capitalization of approximately $428.29 billion.

Micron Technology (NASDAQ:MU) is a prominent player in the semiconductor industry, known for producing memory and storage solutions. On February 10, 2026, Deutsche Bank maintained its "Buy" rating for Micron, with the stock price at $375.3. The bank also raised its price target from $300 to $500, as highlighted by TheFly, indicating strong confidence in the company's future performance.

Roman Butler Fullerton & Co. recently invested in Micron, acquiring 1,404 shares valued at approximately $235,000. This move aligns with a broader trend of institutional investors increasing their stakes in the company. Vanguard Group Inc. increased its holdings by 1.9% in the second quarter, now owning over 103 million shares valued at $12.8 billion. State Street Corp also expanded its stake by 2.7%, holding over 51 million shares worth approximately $6.3 billion.

The current stock price of MU is approximately $380.53, reflecting a slight decrease of about 0.78% or $2.97. During the trading day, the stock fluctuated between a low of $366.06 and a high of $382.16. Over the past year, MU has experienced significant volatility, with a high of $455.50 and a low of $61.54, showcasing the dynamic nature of the semiconductor market.

Micron's market capitalization stands at approximately $428.29 billion, reflecting its substantial presence in the industry. The trading volume for MU is 11.56 million shares on the NASDAQ exchange, indicating active investor interest. These figures underscore the company's importance and the confidence investors have in its growth potential.