Evercore ISI Reaffirms $2,500 Price Target for SanDisk
SNDK Sandisk Corp
$977.69 +13.69%
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- 1Evercore ISI reaffirmed its $2,500 price target and outperformance rating for SanDisk.
- 2The duration of the current NAND pricing rise is 6 quarters, which is longer than the historical NAND pricing rise duration of 2 quarters.
- 3Meta's head of infrastructure, Santosh Viswanath, will step down in early 2027.
So what's the key point?
Evercore ISI has repeated its opinion that SanDisk shares will rise to $2,500. The period of rising memory prices is becoming longer than before, creating a favorable situation for SanDisk.
Source Investing.com · View original ↗
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