Yin|May 20, 2026 12:52
The latest target price for MAMericaNDK by mainstream Wall Street institutions:
Micron Technology (MU) - currently priced at approximately $727
Micron is currently undergoing an extremely exaggerated valuation reshaping. Due to the high demand for HBM and the continuous surge in DRAM prices, Citigroup directly set a doubling target price on May 20th
Citi: The target price has been doubled directly from $425 to $840 (as of May 20th, maintaining a buy rating, believing that memory and HBM have entered a longer super boom cycle).
DA Davidson: Target price looks at $1000 (currently the most aggressive 'bullish commander-in-chief' on Wall Street).
At present, the consensus among institutions is to maintain a "strong buy" rating overall. Among the 49 institutions covering Micron, 45 have given a "buy" rating, and the median tracking of consensus is rapidly approaching the range of $700- $800.
2. SanDisk (SNDK) - currently priced at approximately $1381
The institution violently raised its target price in May:
Citi: Target price raised to $2025 (latest update on May 19th, analysts pointed out that cloud vendors' procurement of enterprise grade SSDs is accelerating rapidly, and the average selling price of NAND is expected to soar by over 186% year-on-year in 2026).
Susquehanna International: Target price up to $2000.
S&P Global: The base expectation is between $1311 and $1422, but the long-term target is $2300.
Evercore ISI, an investment bank, has a standard target price of $1200, but the given Bull Case suggests a high price of $2600.
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