Analyst

Micron Technology closed at $426 on March 13, 2026, up significantly year-to-date by about 50%, following analysts' reiteration of an outperform rating and price target increase to $500 from $320. The upgrade highlights Micron's strong positioning in memory chips despite broader market declines driven by oil surges and geopolitical tensions. This move underscores investor optimism in semiconductors even as the Nasdaq fell 0.9% and S&P 500 dropped 0.6% on Friday. Upcoming earnings could test sustained momentum amid sector volatility.

Micron Technology shares rose 2.6% on March 13, 2026, closing at $426 after analysts reiterated an outperform rating and raised the price target to $500 from $320 amid strong year-to-date gains of 50%. The semiconductor firm benefited from positive momentum in the chip sector despite broader market declines, with investors eyeing its upcoming earnings report. This upgrade highlights Micron's robust growth prospects in memory chips, potentially signaling sector recovery amid volatility. Analysts anticipate further upside if quarterly results exceed expectations next week.

Micron Technology closed at $426 on March 13, 2026, after analysts reiterated an outperform rating and raised the price target to $500 from $320 amid robust semiconductor demand. The stock has climbed about 50% year-to-date, outperforming broader market declines driven by oil surges and geopolitical tensions. This upgrade highlights Micron's potential in memory chips despite upcoming earnings risks, positioning it as a key watch for investors amid sector volatility. Analysts expect continued momentum if AI-driven demand persists.

Ulta Beauty stock tumbled 12.5% on Friday, March 13, 2026, becoming the biggest decliner in the S&P 500 after reporting quarterly results that fell short of Wall Street profit expectations. The company's profit was hit by a 23% surge in selling, general, and administrative expenses, which reached $1 billion in the period. This decline highlights vulnerabilities in consumer discretionary sectors amid broader market pressures from oil price volatility, with analysts watching for potential impacts on retail spending. Upcoming earnings from peers may signal if this is an isolated miss or indicative of wider consumer weakness.