Citi Micron · MU

Citi Raises Micron Price Target to $240

October 16, 2025 Analyst: Christopher Danely 1 min read Reproduced verbatim
Rating
Buy
Target
$240
from $200 (+20%)
Outcome
Reached
on November 10, 2025
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What the analyst said

Citi analyst Christopher Danely raised the price target on Micron Technology (NASDAQ: MU) to $240 (from $200) while maintaining a Buy rating.

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

MU trades at $879. The 27 analysts who set a target in the last 3 months range from $1,200 to $3,000, with a median of $1,540. This $240 target is 84% below the median, the lowest on the Street.

Since the note MU has moved +358% (from $192). The 12-month window closed on October 16, 2026.

Track record

This call✓ Target reached on November 10, 2025, 25 days after the note.

Firm track recordCiti: 86% of its 22 targets at least a year old were reached within 12 months (#10 of 28 firms); on Micron, 8 of 8. Accuracy ranking →

Citi on Micron

Citi price targets on Micron

8 calls from April 11, 2025 to December 10, 2025. The target went from $110 to $300 (+173%). The rating stayed Buy.

Citi targetMU share price
  1. December 10, 2025Target raised from $275 (+9%)Buy$300
  2. October 27, 2025Target raised from $240 (+15%)Buy$275
  3. October 16, 2025 This noteTarget raised from $200 (+20%)Buy$240
  4. September 24, 2025Target raised from $175 (+14%)Buy$200
  5. September 11, 2025Target raised from $150 (+17%)Buy$175
  6. June 26, 2025Target raised from $130 (+15%)Buy$150
  7. June 9, 2025Target raised from $110 (+18%)Buy$130
  8. April 11, 2025Earliest call shownBuy$110
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Other analysts on Micron

DA DavidsonBuy Raised price target +43%, kept rating · Oct 7 $3,000from $2,100 BairdBuy Kept rating and price target · Oct 2 $1,520maintained CLSABuy Kept rating and price target · Oct 2 $1,700maintained Freedom BrokerBuy Kept rating and price target · Oct 1 $1,600maintained BernsteinBuy Kept rating and price target · Oct 1 $1,300maintained
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.