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SanDisk price target raised to $1,400 from $1,000 at Cantor Fitzgerald

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.

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