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SanDisk Announces 8-for-1 Stock Split and Upward Price Target Outlook

The Motley Fool +1 · ·by G4L

SNDK Sandisk Corp
$859.99 -2.99%
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  1. 1SanDisk announced an 8-for-1 stock split on October 29.
  2. 2The median price target of $2,100 from Wall Street analysts represents a 150% upside from SanDisk's current share price.
  3. 3SanDisk has signed long-term supply agreements with at least 8 customers.

So what's the key point?

SanDisk has decided to split one share into eight. Experts expect the stock price to rise further to $2,100.

Source The Motley Fool +1 · View original ↗

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