Micron (Nasdaq: MU) stock resumed marching higher Friday, gaining 4.1% through 1:25 p.m. ET after Mizuho analyst Vijay Rakesh issued a 2026 outlook for semiconductor stocks and raised his price target on Micron to $390 per share.

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Rakesh cites "attractive valuations" as propitious for semi stocks to continue gaining in 2026, although the analyst doesn't expect gains as large as the sector enjoyed in 2025.

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Source Fool.com