** Shares of memory chipmaker Micron Technology MU.O rise 1.6% to $1,037.5

** Citigroup raises price target to $1,200 from $840, implying a 17.6% upside to the stock's last close

** Deutsche Bank raises PT to $1,500 from $1,000, implying a 47% upside to the stock's last close

** Citi raises FY26/27 estimates for the co based on better-than-expected memory prices YTD

** Deutsche Bank expects DRAM bit demand to vastly outpace supply growth in the coming years driven by more memory-intensive AI workloads

** 44 of 47 brokerages rate the stock "buy" or higher, two "hold" and one "sell"; their median PT is $876, according to data compiled by LSEG

** Including session's gains, stock more than tripled YTD