DA Davidson Initiates Micron at Buy With a $1,000 Price Target: Is This the Most Bullish Memory Call of 2026?

DA Davidson initiated Micron Technology (NASDAQ: MU) with a Buy rating and a $1,000 price target, a level described as well above broader Wall Street consensus. The call reflects a notably bullish view on Micron’s memory business and long-term demand tied to technology and AI-related growth. This is positive for sentiment, though the article contains only a rating action and no operating results or guidance.

Analysis

DA Davidson initiated Micron Technology (NASDAQ: MU) with a Buy rating and a $1,000 price target, a level described as well above broader Wall Street consensus. The call reflects a notably bullish view on Micron’s memory business and long-term demand tied to technology and AI-related growth. This is positive for sentiment, though the article contains only a rating action and no operating results or guidance.