SanDisk Corp ( (SNDK) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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SanDisk shares moved higher after Barclays updated its financial model for the company and significantly boosted its expectations for future performance. The bank more than doubled its price target on SanDisk, raising it to $750 from $385, while maintaining an Equal Weight rating on the stock.
More about SanDisk Corp
YTD Price Performance: 142.75%
Average Trading Volume: 13,960,734
Technical Sentiment Signal: Strong Buy
Current Market Cap: $84.45B
For further insights into SNDK stock on TipRanks’ Stock Analysis page.
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