SanDisk shares rise on MS upgrade; strong NAND demand and eSSD surge drive optimism

5 days ago 1

SanDisk (NASDAQ:SNDK) shares surged 8.7% after Morgan Stanley upgraded the stock to Overweight with a street-high $70 price target, citing strengthening fundamentals in the NAND market.

The firm highlights a sharp acceleration in enterprise SSD (eSSD) demand, largely driven by hyperscalers responding to

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