Sandisk's epic rally: can memory boom push stock to $1,250?

Shares of SanDisk jumped about 7.17% to $836.86 as analysts cited sustained strength in memory demand and pricing as key drivers of further upside. The move extends an already extraordinary rally and reflects bullish analyst positioning that could underpin continued sector-level strength in memory pricing and demand.

Analysis

Shares of SanDisk jumped about 7.17% to $836.86 as analysts cited sustained strength in memory demand and pricing as key drivers of further upside. The move extends an already extraordinary rally and reflects bullish analyst positioning that could underpin continued sector-level strength in memory pricing and demand.