Morgan Stanley Raises SanDisk Price Target Ahead of Earnings
Morgan Stanley analyst Joseph Moore significantly raised his price target for SanDisk (SNDK) to $1,100 from $690, signaling strong confidence in the company's future performance. The move comes as SanDisk has surged nearly 295% year-to-date, driven by a NAND pricing supercycle. The new target represents an 11% premium to the recent stock price and is based on higher earnings estimates.
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