BlockBeats News, August 15th, Wedbush reiterated its "Outperform" rating on Sandisk stock with a target price of $2000.
Wedbush analyst Matt Bryson stated that the firm believes its 2028 estimate likely underestimates Sandisk's earnings power. Sandisk will repurchase a significant amount of shares in the coming years, along with an extended product cycle, factors that warrant a certain premium.
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