SanDisk Corp ( (SNDK) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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SanDisk stock recently experienced significant volatility, with a notable decline attributed to bearish investor sentiment and heavy put volumes, indicating continued uncertainty. Despite this, Citi raised its price target to $150 due to positive outlooks on NAND memory and AI developments, and Wells Fargo increased its target to $115, citing optimism in the Enterprise SSD market.
More about SanDisk Corp
YTD Price Performance: 273.92%
Average Trading Volume: 4,877,498
Technical Sentiment Signal: Strong Buy
Current Market Cap: $17.13B
For further insights into SNDK stock on TipRanks’ Stock Analysis page.
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