Wall Street analyst updates SanDisk stock price target

Evercore ISI raised its SanDisk (SNDK) price target to $3,100 from a prior level while keeping an ‘Outperform’ rating. The update is a modest positive catalyst, but without accompanying financial details it is less likely to drive large moves beyond analyst-driven repricing.

Analysis

Evercore ISI raised its SanDisk (SNDK) price target to $3,100 from a prior level while keeping an ‘Outperform’ rating. The update is a modest positive catalyst, but without accompanying financial details it is less likely to drive large moves beyond analyst-driven repricing.