Movement Alert｜GraniteShares 2x Long MU Daily ETF Rises 8.58% in Regular Trading, Multiple Banks Sharply Raise Micron Target Prices

Market Focus

Jun 11

On June 11, GraniteShares 2x Long MU Daily ETF (MULL) rose 8.58% in regular trading, reaching $635.85 per share, with trading value of approximately $85.23 million. As a 2x leveraged product tracking Micron Technology, MULL amplified the underlying stock's gains driven by a wave of bullish analyst actions.

On the news front, multiple Wall Street banks sharply raised their target prices on Micron Technology in rapid succession. Goldman Sachs raised its 12-month target from $400 to $900, citing tightening memory supply and surging demand, while lifting revenue and EPS estimates for fiscal 2026 and 2027 by an average of 28% and 36% respectively. Daiwa Securities raised its target to $1,600 maintaining a Buy rating, while UBS reiterated Buy with a $1,625 target. Morgan Stanley previously doubled its target to $1,050, emphasizing that the memory shortage could persist two to three years. Additionally, confirmation that Nvidia's partnership with SK Hynix is non-exclusive reassured markets that Micron's HBM supply position remains intact ahead of its June 24 earnings report.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1119020443"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1119020443\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1119020443?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-11 22:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1119020443","market":"hk","top_or_hot":-1,"title":"Movement Alert｜GraniteShares 2x Long MU Daily ETF Rises 8.58% in Regular Trading, Multiple Banks Sharply Raise Micron Target Prices","media":"Market Focus","content":"<p><p>On June 11, GraniteShares 2x Long MU Daily ETF (MULL) rose 8.58% in regular trading, reaching $635.85 per share, with trading value of approximately $85.23 million. As a 2x leveraged product tracking Micron Technology, MULL amplified the underlying stock's gains driven by a wave of bullish analyst actions.</p><p>On the news front, multiple Wall Street banks sharply raised their target prices on Micron Technology in rapid succession. Goldman Sachs raised its 12-month target from $400 to $900, citing tightening memory supply and surging demand, while lifting revenue and EPS estimates for fiscal 2026 and 2027 by an average of 28% and 36% respectively. Daiwa Securities raised its target to $1,600 maintaining a Buy rating, while UBS reiterated Buy with a $1,625 target. Morgan Stanley previously doubled its target to $1,050, emphasizing that the memory shortage could persist two to three years. Additionally, confirmation that Nvidia's partnership with SK Hynix is non-exclusive reassured markets that Micron's HBM supply position remains intact ahead of its June 24 earnings report.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜GraniteShares 2x Long MU Daily ETF Rises 8.58% in Regular Trading, Multiple Banks Sharply Raise Micron Target Prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜GraniteShares 2x Long MU Daily ETF Rises 8.58% in Regular Trading, Multiple Banks Sharply Raise Micron Target Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-11 22:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 11, GraniteShares 2x Long MU Daily ETF (MULL) rose 8.58% in regular trading, reaching $635.85 per share, with trading value of approximately $85.23 million. As a 2x leveraged product tracking Micron Technology, MULL amplified the underlying stock's gains driven by a wave of bullish analyst actions.</p><p>On the news front, multiple Wall Street banks sharply raised their target prices on Micron Technology in rapid succession. Goldman Sachs raised its 12-month target from $400 to $900, citing tightening memory supply and surging demand, while lifting revenue and EPS estimates for fiscal 2026 and 2027 by an average of 28% and 36% respectively. Daiwa Securities raised its target to $1,600 maintaining a Buy rating, while UBS reiterated Buy with a $1,625 target. Morgan Stanley previously doubled its target to $1,050, emphasizing that the memory shortage could persist two to three years. Additionally, confirmation that Nvidia's partnership with SK Hynix is non-exclusive reassured markets that Micron's HBM supply position remains intact ahead of its June 24 earnings report.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MULL","symbol_name":"2倍做多MU ETF-GraniteShares","start_time":0,"source_url":"","article_id":"1119020443","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1119020443","pubTimestamp":1781187431,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 11, GraniteShares 2x Long MU Daily ETF (MULL) rose 8.58% in regular trading, reaching $635.85 per share, with trading value of approximately $85.23 million. As a 2x leveraged product tracking...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MULL":"2倍做多MU ETF-GraniteShares"},"translate_title":"动向提示|GraniteShares 2倍多头MU每日ETF常规交易上涨8.58%多家银行大幅上调美光目标价","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MULL":1},"content_text":"On June 11, GraniteShares 2x Long MU Daily ETF (MULL) rose 8.58% in regular trading, reaching $635.85 per share, with trading value of approximately $85.23 million. As a 2x leveraged product tracking Micron Technology, MULL amplified the underlying stock's gains driven by a wave of bullish analyst actions.On the news front, multiple Wall Street banks sharply raised their target prices on Micron Technology in rapid succession. Goldman Sachs raised its 12-month target from $400 to $900, citing tightening memory supply and surging demand, while lifting revenue and EPS estimates for fiscal 2026 and 2027 by an average of 28% and 36% respectively. Daiwa Securities raised its target to $1,600 maintaining a Buy rating, while UBS reiterated Buy with a $1,625 target. Morgan Stanley previously doubled its target to $1,050, emphasizing that the memory shortage could persist two to three years. Additionally, confirmation that Nvidia's partnership with SK Hynix is non-exclusive reassured markets that Micron's HBM supply position remains intact ahead of its June 24 earnings report.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}