Analyst predicts 280% further gains for SanDisk after 2,000% surge

fr.investing.com (French)

Bernstein raised its price target for SanDisk, predicting significant additional gains after a 2,000% surge. The analyst sees potential for another 280% increase, citing undervaluation despite strong demand for NAND flash memory driven by AI data centers. Concerns about a new compression algorithm are deemed excessive, with the firm expecting continued NAND price acceleration and robust earnings.


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