Cantor Fitzgerald raised the firm’s price target on SanDisk (SNDK) to $1,400 from $1,000 and keeps an Overweight rating on the shares. SanDisk is expected to deliver another strong beat-and-raise driven by tight supply, broad-based demand across hyperscale, consumer, and client markets, and continued pricing strength, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
High conviction on SNDK? Try Tradr's SNXX or SNDQPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNDK:
- SanDisk price target raised to $1,100 from $690 at Morgan Stanley
- SanDisk initiated with a Buy at Melius Research
- SanDisk (SNDK) Is About to Report Q3 Earnings This Week. Here Is What to Expect
- Defiance Launches STXL, 2X Leveraged ETF on Seagate, as Memory Stocks Lead the AI Boom
- Tradr Debuts Short ETFs on Lumentum and Sandisk
