Micron Hits Record High at $1,134, SanDisk Surges 12% on Thursday Amid Analyst Upgrades

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According to analyst upgrades from Wedbush, Rosenblatt, and Stifel, Micron Technology hit a record high of $1,133.99 on Thursday (June 19), while SanDisk surged nearly 12%. Wedbush raised its price target to $1,300 from $550, Rosenblatt to $1,200 from $600, and Stifel to $1,500 from $550, citing surging DRAM and NAND pricing and sustained AI-driven demand. Apple CEO Tim Cook stated that price increases on memory and storage chips have become unavoidable. Micron's year-to-date gains now stand at nearly 305%.
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