Micron, Sandisk Score Price-Target Hikes Amid Record Climbs - Investor's Business Daily
Semis
Micron and Sandisk both received price-target hikes as AI-driven memory demand pushes both stocks to record highs, with MU crossing $1 trillion market cap in 48 days. However, insider selling is heavy at MU (54 sales, zero buys in 30 days), bubble warnings are circulating, and analysts simultaneously see a path to a slide — setting up a crowded-long unwind risk.
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Angle
↓ SHORT-12% target+5% stop3-6 weeks
Fade MU near all-time highs — 54 insider sells, zero buys, bubble rhetoric rising, and analysts flagging a coming slide despite PT hikes.