Benchmark analyst Mark Miller raised the firm’s price target on SanDisk (SNDK) to $260 from $125 and keeps a Buy rating on the shares after the company posted upside for fiscal Q2 and guided “well above expectations” for the December quarter. The firm sees non-GAAP EPS growing by 27% to $14.51 by FY27, the analyst tells investors.
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Read More on SNDK:
- SanDisk upgraded to Outperform from Equal-Weight at Fox Advisors
- SanDisk price target raised to $263 from $230 at Morgan Stanley
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- SanDisk Corp’s Strong Financial Performance and Strategic Positioning Justify Buy Rating and Increased Target Price
- SanDisk price target raised to $280 from $150 at Citi