Sandisk Shares Slip Friday After Record Run Fueled By AI Memory Trade
SanDisk Corp (NASDAQ:SNDK) shares are trading marginally lower Friday even after Bernstein lifted its target to $1,250, about 47% upside, and argued the NAND upcycle is being underestimated. Friday’s dip comes as traders weigh whether a projected 40% sequential jump in average selling prices can keep powering earnings into the April 30 print, as laid out in stronger-than-expected NAND pricing commentary.SanDisk stock is showing positive momentum. Where are SNDK shares going?Bernstein Sees Stronger NAND Pric ...