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.
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