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花旗启动买入评级,山碟上涨
2025-06-26 20:47
- Sandisk (NASDAQ:SNDK) was in focus on Thursday as Citi initiated coverage on the flash memory company with a Buy rating and $57 price target.
- Shares rose 2.5% in premarket trading.
- “We see durable, strong underlying data center demand plus stable-to-favorable supply/demand conditions through CY26 supportive of pricing, while we believe SanDisk’s Bics8 technology provides a strong competitive moat,” analyst Asiya Merchant wrote in a note to clients.
- Merchant also noted that improving NAND supply and demand in the back half of 2025 could be a boost to Sandisk, as it deepens its position in the enterprise storage market. She also noted that its stake in the Kioxia joint venture is not reflected in the stock price.
More on Sandisk Corporation
- Sandisk Corporation: Standing Alone, But Not Yet Standing Out
- Sandisk Corporation: The Technology Is Still Not Economical For Mass Adoption
- SanDisk Corporation prices upsized secondary offering at $38.50 per share
- Sandisk announces pricing of upsized secondary stock offering
- Historical earnings data for Sandisk Corporation
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