๐ Sandisk $SNDK rips +12% as Bernstein hikes price target to $3,000
Bernstein shocked the street today by lifting its SNDK price target from $1,700 to a jaw-dropping $3,000 โ reiterating Outperform โ and the stock answered with a 12% surge on heavy volume. The upgrade is backed by Sandisk's latest quarterly print: ~$5.95B in revenue, 56% gross margins, and $23.03 diluted EPS. This flash-memory giant is now up over 700% in 2026 alone. Is the AI storage cycle still in early innings, or is SNDK priced for perfection? Not financial advice.
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