Wedbush: Reiterates "Outperform" rating for SanDisk with a target price of $2,000
BlockBeats news, on August 15, Wedbush reiterated its "outperform" rating on SanDisk stock, with a target price of $2,000.
Wedbush analyst Matt Bryson stated that the firm believes its 2028 forecast is likely to underestimate SanDisk's profitability. SanDisk is expected to repurchase a large number of shares in the coming years, and with the extension of the trading cycle, these factors deserve a certain premium.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin could bottom in October, altcoins are ‘basically dead,’ Swan CEO says
Oil spill affects 12 km of Oman coast, Masirah unaffected, state news agency says
XRP Sidelined? Ripple Pumps Ethereum Stablecoin Supply Close to Internal Record
XRP Whales Absorb 72 Million More Coins as ETFs Drop Below $1 Billion Net
Crypto prices
More
