Why Is SNDK Rising Premarket Today?
Bernstein raised its price target on SanDisk stock to $3,000 from $1,700. Bernstein’s new price target is sharply higher than analysts’ consensus of $1,845.64. SanDisk’s floor price in recently signed long-term agreements is $0.29 per GB, a level that is meaningfully above the effective floor prices secured by Micron, according to Bernstein. Stocktwits sentiment for … Read more