Stock Market Update

27-May-26 08:32 ET

Futures point to higher open as memory names extend rally

Market is Closed

[BRIEFING.COM] S&P futures vs fair value: +32.00. Nasdaq futures vs fair value: +268.00.

The S&P 500 futures currently trade 32 points above fair value.

Micron (MU 971.02, +75.14, +8.3%) continues to rally in the premarket, bolstered by yet another substantial target price hike, this time from Barclays, which raised the stock's target price to $1175 from $675.

Barclays also upgraded memory peer SanDisk (SNDK 1,649.00, +59.45, +3.7%) to Overweight from Equal Weight, with a target price of $2,300.