What happened Shares of semiconductor specialist Micron Technology (NASDAQ: MU) jumped on Friday. The stock rose 5.9% at one point in the trading day but finished the day up 5.5%. The tech stock's gain follows two analysts' recent moves to upgrade their 12-month price targets for the stock. Image source: Getty Images. So what Analysts from Wells Fargo and Goldman Sachs gave Micron shares $115 and $118 respective 12-month price targets. Wells Fargo previously had a $100 price target for the stock and Goldman Sachs' target was $102. Wells Fargo analyst Aaron Rakers was optimistic about the company's gross margin potential for its dynamic random-access memory, or DRAM. Goldman Sachs analyst Toshiya Hari said his industry checks suggested improving supply and demand for DRAM. Hari also expressed optimism for Micron NAND flash memory supply and demand. Now what This news adds to another positive update on the company earlier this week. In a March 3 press release, Micron announced an increase to its fiscal second-quarter revenue, gross margin, and earnings-per-share guidance. The company now expects fiscal second-quarter revenue to be between $6.20 billion and $6.25 billion. This is up from a previous outlook for revenue between $5.6 billion and $6 billion. 10 stocks we like better than Goldman SachsWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Goldman Sachs wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Daniel Sparks has no position in any of the stocks mentioned. His clients may own shares of the companies mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source