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SanDisk Stock Slips As Analysts Sound Alarm On Weak Margin Outlook Despite Strong Quarter
Benzinga· 2025-08-16 00:22
SanDisk SNDK shares are trading lower on Friday despite the company’s upbeat fourth-quarter financial results on Thursday. This comes amid analyst warnings that softer third-quarter margin forecasts could weigh on shares.SNDK stock is struggling to find support. See what’s happening live.Wall Street analysts boosted their outlook on SanDisk, with Wells Fargo’s Aaron Rakers raising his price target from $45 to $50 while keeping an Equal-Weight rating. Cantor Fitzgerald’s C.J. Muse reaffirmed an Overweight ra ...