Stock Market Update

[BRIEFING.COM] The stock market's early momentum has held throughout the entirety of the morning, pushing the major averages to fresh record highs along the way. 

While the information technology sector (+0.5%) is not the main driving force behind today's advance, the sector still holds some of the top movers within the S&P 500. 

Shares of Micron (MU 153.14, +13.14, +9.39%) surged after CNBC reported that Citigroup upped the stock's price target to $175 from $150 and maintained its Buy rating, citing better-than-expected demand, particularly data center demand.

Though not a component of the S&P 500, Micron's peer in the NAND flash memory space, Sandisk (SNDK 83.63, +9.71, +13.13%), rose to a new 52-week high after Morgan Stanley elevated the stock to its "Top Pick" status, noting that AI has finally reached NAND.

Elsewhere, Synopsys (SNPS 424.78, +37.00, +9.54%) recaptures some of yesterday's massive loss that followed a dismal Q3 earnings report.