Corrects upside percentage value in fourth bullet

** Shares of memory chipmaker Micron Technology MU.O rise 7.5% to $1,055.2 premarket

** TD Cowen raises PT to $1,500 from $660, while RBC hikes target price to $1,200 from $525

** CPU demand is increasing expectations that memory pricing strength can persist into the second half of 2027 - TD Cowen

** TD Cowen's PT implies ~53% upside to stock's last close

**44 of 47 brokerages rate the stock "buy" or higher, 2 "hold" and 1 "sell"; median PT is $846 - data compiled by LSEG

** Up to last close, stock has more than tripled YTD