Mizuho lowered the firm’s price target on SanDisk (SNDK) to $50 from $60 and keeps an Outperform rating on the shares. With tariffs creating significant auto and semidoncutor supply chain uncertainty, the firm cut price targets in the hard-disk-drive and memory markets ahead of earnings. However, it maintains Outperform ratings with the shares having pulled back.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNDK:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue