Citi Raises PT on Sandisk Corporation (SNDK), Keeps a Buy
Sandisk Corporation (NASDAQ:SNDK) is one of the Most Promising New Technology Stocks to Buy According to Hedge Funds. On September 25, Asiya Merchant from Citi raised the price target on Sandisk Corporation (NASDAQ:SNDK) from 125, while keeping a Buy rating on the stock. Merchant noted that they expect the company’s earnings per share to increase over the next fiscal year, backed by improved margins. She noted that the company is experiencing strong demand for hyperscale enterprise SSDs. Moreover, ...