Veteran Analyst Provides Blunt Assessment on Sandisk Stock Following Massive Rally
Sandisk (SNDK) has surged 591% year to date, driven by strong demand for AI-related memory and storage products. Barclays upgraded the stock with a raised price target of $2,300 from $1,200, while UBS also boosted its outlook on Micron Technology (MU), fueling broader sector momentum.
Topics: Barclays analyst upgrade memory sector rally Micron Technology Sandisk UBS price target increase