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Goldman Sachs raised its SanDisk (SNDK) price target to $2,200 from $1,200 while keeping a Buy rating, implying roughly 14.8% upside from the Feb 10 close of $1,915.92. The bank doubled its full-year EPS estimate to $110 from $55, arguing the NAND flash upcycle is structural rather than cyclical, which supports a broader re-rating of memory names including Micron and SK Hynix. Watch NAND contract pricing and hyperscaler storage capex in coming quarters to confirm whether the earnings upgrade cycle holds.
As a Research signal, watch whether it changes price action, volatility, or flows around SNDK, MU, 000660.
Original Source: 연합인포맥스
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