Micron stock jumps 14% after UBS raises price target to $1,625, sees 100% upside
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Micron stock has seen a significant increase, with reports of a 3% to 14% jump, after UBS raised its price target to $1,625, indicating a potential 100% upside. Other memory-related stocks, such as SanDisk and Western Digital, have also experienced gains, ranging from 5% to 10%. The broader market has seen mixed results, with the Dow slipping while the S&P 500 and Nasdaq have hit records amid an AI stock rally.
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