Micron stock price could surpass its record highs according to a Wall Street analyst, sparking a huge rally for the tech company.
UBS Group analyst Timothy Arcuri is aggressively bullish on Micron stock price, having raised his 12-month price target from £398 to £1,209 ($535 to $1,625) on Tuesday. That's reflective of Micron Technology's performance, its shares surging close to 850 per cent over the past 12 months. Despite the gains, Arcuri thinks the rally is just beginning.
