Raymond James raises MU target to $1500, stays Outperform

Raymond James analyst Melissa Fairbanks bumped up their price target on MU to $1500 on June 25, with the rating unchanged at Outperform.

Melissa has made 10 price-target calls on MU that AnaChart has tracked. 8 of 10 were touched by the stock’s price at some point after the call.

MU carries 25 Buy, 2 Hold ratings among the analysts AnaChart tracks. The target range spans Sanjeev Rana at CLSA ($155) to Mehdi Hosseini at Susquehanna ($2000). MU last closed at $991.64.

MU price targets: Melissa Fairbanks against the highest and lowest current targets on the stock, plotted with the price.

The $1500 target is 51% above the stock’s $991.64 close.

FAQ

What is Raymond James’s price target on MU?

Raymond James’s Melissa Fairbanks has a $1500 target on MU, rated Outperform, set June 25, 2026.

How often have Melissa Fairbanks’s MU price targets been reached?

AnaChart has tracked 10 price-target calls from Melissa Fairbanks on MU; the stock reached the target in 8 of them (80%).

What is the analyst view on MU?

Coverage is split 25 Buy / 2 Hold / 0 Sell, with targets from $155 (CLSA) to $2000 (Susquehanna).