r/Stocks Daily Discussion & Technicals Tuesday - May 26, 2026

UBS issued a new $1,625 price target on MU, which the community upvoted as the top comment (+6). Simultaneously, bears are ridiculed and Michael Burry’s bearish calls are dismissed as “washed.” Analyst upgrades carrying strong community validation suggest near-term momentum. The dismissal of contrarian bear views indicates a crowding into the bullish thesis, which can act as a self-fulfilling catalyst if buying pressure continues. Go long MU based on the community’s alignment with UBS’s aggressive target and the rejection of bearish narratives. The $1,625 PT implies ~18% upside from a ~$1,380 base (est.). Only three comments analyzed – the sample is too small to be statistically robust. UBS is a single analyst; other firms may disagree. If Burry is correct, a sharp reversal could occur.