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SanDisk price target raised to $115 from $50 at Wells Fargo

Wells Fargo raised the firm’s price target on SanDisk (SNDK) to $115 from $50 and keeps an Equal Weight rating on the shares. Alongside the firm’s deeper look at the Enterprise SSD market, Wells is increasing its SanDisk estimates. The firm stays on the sidelines as it would like to see more tangible signs of SanDisk eSSD share gains.

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