Mizuho and Jefferies Raise Price Targets on Sandisk (SNDK)

Sandisk Corporation (NASDAQ:SNDK) is one of the 12 Best Performing Stocks in the Last 3 Months. On October 28, Mizuho increased its price target on Sandisk Corporation (NASDAQ:SNDK) from $180 to $215 and kept an Outperform rating.

Mizuho analysts believe that limited supply will continue to push prices up in the DRAM and NAND markets. The firm expects Sandisk Corporation (NASDAQ:SNDK) to see an improvement in sales and margins in 2026.

Previously, on October 21, Jefferies had also boosted its price target on Sandisk Corporation (NASDAQ:SNDK) from $60 to $180 and maintained a Buy rating. The firm remains confident in Sandisk Corporation’s (NASDAQ:SNDK) future, noting that NAND pricing trends are showing resilience.

These updates come as the memory sector continues to benefit from growth in AI, which is driving the demand for high-capacity storage solutions.

Sandisk Corporation (NASDAQ:SNDK) is an American computer technology company that designs and manufactures flash memory storage solutions, including SSDs, memory cards, and USB Flash Drives.

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Disclosure: None. This article is originally published at Insider Monkey.