** Memory chipmaker Micron Technology's MU.O shares rise 2.8% to $293.51 premarket

** Bernstein raises PT to $330 from $270, a 15.6% upside to stock's last close

** Says record price upcycle is the biggest driver for the memory sector

** "The pace of the price hike may be ahead of our model & accelerate from 4Q25 to 1Q26" - Bernstein

** Average rating of 46 analysts is "buy"; median PT is $300 - data compiled by LSEG

** Stock more than tripled in 2025

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))