Price Target

• Rep. Chris Deluzio (D-PA) and Sen. Mark Kelly (D-AZ) introduced the Cost-of-Living Emergency Act on March 27 to combat rising essentials prices outpacing wages. • Bill mandates DOJ-FTC task force for emergency enforcement against price gouging, fixing, and discrimination on goods like utilities. • Invokes Defense Production Act for supply chain fixes backed by data to lower costs, plus creates 12-member bipartisan Congressional Cost-of-Living Commission for expedited relief proposals.

• Bank of America reinstated coverage of Microsoft (MSFT) with a Buy rating and $500 price target, implying 31% upside potential on March 24, 2026. • Analysts cite durable multi-year growth in cloud and AI, positioning Microsoft to capitalize across infrastructure and applications. • The reaffirmation comes amid tech sector pressure from geopolitical tensions, highlighting AI monetization as a key beneficiary.

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.