BofA analyst Wamsi Mohan raised the firm’s price target on SanDisk (SNDK) to $300 from $270 and keeps a Buy rating on the shares. After having hosted an investor meeting with CEO David Goeckeler and CFO Luis Visoso, the firm walked away more bullish on the stock, citing a NAND market that is expected to remain undersupplied through at least end of calendar 2026; strong demand growth driven by datacenter and AI; low NAND industry inventory; ramping eSSD production and potential share gains; and increasing visibility from customers.
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