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Market Impact: 0.2

Wall Street sets Sandisk (SNDK) stock price target for the next 12 months

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Wells Fargo raised its price target on Sandisk to $975 from $675, a 44% increase, while keeping an Hold rating. The move is modestly supportive for sentiment, but the unchanged rating tempers the signal. Sandisk also joined the NASDAQ 100, which may provide some incremental index-related demand.

Analysis

Wells Fargo raised its price target on Sandisk to $975 from $675, a 44% increase, while keeping an Hold rating. The move is modestly supportive for sentiment, but the unchanged rating tempers the signal. Sandisk also joined the NASDAQ 100, which may provide some incremental index-related demand.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15

Ticker Sentiment

SNDK0.20
WFC0.00