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Markets · Investing · Business
Finance
Why Sandisk Stock Popped Again Today
Sandisk has $35 billion burning a hole in its pocket. How will Sandisk spend it?
Sandisk (NASDAQ: SNDK) stock is heading into its fourth straight day of gains Thursday -- up 6.2% through 10:50 a.m. ET -- and has Evercore ISI to thank for it.
In a note this morning, Evercore analyst Amit Daryanani reiterated his outperform rating and $2.800 price target on Sandisk stock, laying out multiple predictions for the company's future as Sandisk prepares to give an update for "Investor Day."
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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.
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