{"slug": "micron-and-sandisk-rally-on-new-street-high-price-targets-from-susquehanna", "title": "Micron and Sandisk rally on new Street-high price targets from Susquehanna", "summary": "Micron and Sandisk shares surged to new all-time highs Monday after Susquehanna analyst Mehdi Hosseini issued Street-high price targets of $1,750 and $3,250, respectively, citing tight supply through 2027. The upgrades mark the fifth time in the past year that Micron's average price target has jumped more than 10% in a single week, though the stock's rally has outpaced even the most bullish analyst estimates.", "body_md": "# Micron and Sandisk rally on new Street-high price targets from Susquehanna\n\n[Micron](https://robinhood.com/us/en/stocks/MU/?source=sherwood) and [Sandisk](https://robinhood.com/us/en/stocks/SNDK/?source=sherwood) both hit fresh all-time highs in early trading after Susquehanna bestowed new Wall Street-high price targets on the two memory stocks.\n\nAnalyst Mehdi Hosseini upped his view on the former to $1,750 from $600, and to $3,250 from $2,000 for the latter.\n\n“Supply is now expected to remain tight through 2027, sustaining elevated margins and thus warranting valuation re-rating,” he wrote, per Bloomberg.\n\nIt’s the fifth time in the past year that the average price target on Micron has gone up by more than 10% in a week. UBS’s Tim Arcuri [more than tripled his price target](https://sherwood.news/markets/micron-soars-ubs-more-than-triples-price-target-to-1625-wall-street-high-memory-chips-ai-boom/) on Micron earlier this week, and has already lost the title of “most bullish.”\n\nBut even as analysts are tripping over themselves to raise their price targets on these stocks, the ferocity of the rally in Micron has outpaced their best efforts.\n\nThe high-bandwidth memory specialist traded at a record **premium** to the consensus Wall Street price target this week, based on data going back to 2008.", "url": "https://wpnews.pro/news/micron-and-sandisk-rally-on-new-street-high-price-targets-from-susquehanna", "canonical_source": "https://sherwood.news/markets/micron-and-sandisk-rally-on-new-street-high-price-targets-from-susquehanna/", "published_at": "2026-05-29 14:17:21+00:00", "updated_at": "2026-05-29 14:28:12.740354+00:00", "lang": "en", "topics": ["ai-chips", "ai-infrastructure"], "entities": ["Micron", "Sandisk", "Susquehanna", "Mehdi Hosseini", "UBS", "Tim Arcuri"], "alternates": {"html": "https://wpnews.pro/news/micron-and-sandisk-rally-on-new-street-high-price-targets-from-susquehanna", "markdown": "https://wpnews.pro/news/micron-and-sandisk-rally-on-new-street-high-price-targets-from-susquehanna.md", "text": "https://wpnews.pro/news/micron-and-sandisk-rally-on-new-street-high-price-targets-from-susquehanna.txt", "jsonld": "https://wpnews.pro/news/micron-and-sandisk-rally-on-new-street-high-price-targets-from-susquehanna.jsonld"}}