SNDK Stock Primed For 5-Day Winning Streak – Wall Street Backs Margin Overhaul, Cash Return Strategy After Investor Day
The move followed SanDisk’s investor day, where the company outlined new financial targets for the next three years. JPMorgan initiated coverage with an ‘Overweight’ rating and a $2,250 price target. It said SanDisk is “uniquely positioned” to benefit from rising NAND demand tied to AI inference. Morgan Stanley was more cautious on whether the improvement … Read more