Sandisk Stock Rises on Strong Earnings and Analyst Upgrades
Sandisk (SNDK) stock has risen significantly following strong earnings and price target upgrades from Wall Street analysts. The company reported GAAP earnings of $23.03 per share and nearly doubled its sales to $6 billion year-over-year, driven by strong NAND flash memory pricing. Analysts from Fox Advisors and Bernstein have raised their price targets to $1,500 and $1,700, respectively, contributing to the stock's recent gains.
Tickers: $SNDK
Topics: analyst price targets earnings reports NAND flash memory Sandisk stock performance