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SanDisk initiated with a Buy at Jefferies

Jefferies analyst Blayne Curtis initiated coverage of SanDisk (SNDK) with a Buy rating and $60 price target. The firm says the company’s spin-off from Western Digital (WDC) can unlock shareholder value as updated technology drives enterprise solid state drives market share gains. If SanDisk’s content trends sustain in the amid tariffs, there is upside to estimates, the analyst tells investors in a research note.

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