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Why Micron Stock Is Up Again Today


Micron Technology (NASDAQ: MU) stock went on a tear this week, rising 8.8% through Thursday's close -- and looking set to add another 4% or even 5% today. Already, here at the 3:15 p.m. EST mark, Micron stock is up 4.8%.

Part of the reason for the stock's strong performance is Wall Street, where three separate analysts raised their price targets on Wednesday, to as high as $75 a share, and a fourth just put in an $85 target this morning. That's part of the reason, but it's not the whole reason Micron shares are going up.  

Image source: Getty Images.

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Source Fool.com

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