16 Wall Street Analysts Couldn't Disagree More on Sandisk's Price Target
Sandisk's wide-ranging price target overshadows the fact that most analysts rate the stock as a buy.
Overview
Sandisk (NASDAQ: SNDK) stock has rocketed 2,800% higher over the past year as demand for the company's memory processors has spiked, with tech companies snatching up swaths of memory for artificial intelligence data centers.
Analysts differ greatly on their price targets for the stock, with some setting it as low as $1,300 and others as high as $3,000 -- with the average about $2,220. But they overwhelmingly agree on one thing: Sandisk stock is a buy.
Details
Here's why analysts disagree on Sandisk's price target, yet still believe this memory stock is a smart long-term bet.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.