Needham Raises Micron (MU) Target to $450, Maintains Buy Rating

SelfRugger

2026-02-23 06:37:20

Needham Raises Micron (MU) Target to $450, Maintains Buy Rating

Venkatesh

Mon, February 23, 2026 at 12:24 AM GMT+9 1 min read

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Micron Technology, Inc. (NASDAQ:MU) is one of the 10 Best Stocks to Buy in 2026 According to Reddit.

Needham Raises Micron (MU) Target to $450, Maintains Buy Rating

On February 17, 2026, Needham analyst N. Quinn Bolton raised the price target on Micron Technology, Inc. (NASDAQ:MU) from $380 to $450 while maintaining the Buy rating on the stock. In its research note, Bolton cited sustained tightening in the memory market, allowing memory pricing to continue its upward trend. The firm further pointed to the substantial capital expenditures by hyperscalers alongside the shift in the industry toward larger reasoning models featuring expanded context windows as catalysts, inducing an acceleration in the demand for high-performance memory and storage solutions.

Prior to this, on February 16, 2026, Morgan Stanley analyst Joseph Moore reiterated a Buy rating on Micron Technology, Inc. (NASDAQ:MU) and kept a price target of $450. Incidentally, the company’s Executive Vice President of Operations, Manish Bhatia, addressed the shortage in memory chips, calling it “unprecedented” on January 16, 2026. The company further stated that its AI memory semiconductors are fully booked in 2026.

Micron Technology, Inc. (NASDAQ:MU), founded in 1978, is a major U.S.-based manufacturer of memory and storage solutions headquartered in Idaho.

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**READ NEXT:**11 Best Pipeline and MLP Stocks to Buy in 2026 **and **12 Dividend Stocks With High Insider Buying

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