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Wajeeh Khan

Sandisk Stock Jumps on Its Investor Day Success. Why Wedbush Analysts Aren’t 100% Buying the Story.

SanDisk Wedbush Matt Bryson Wedbush Securities SNDK

SanDisk (SNDK) stock is inching higher on Friday following the flash memory specialist’s bullish Investor Day presentation, featuring guidance for mid-to-high teens revenue growth through the end of this decade.

Still, Wedbush Securities’ senior analyst Matt Bryson recommends some caution, citing lingering skepticism regarding management’s ability to fully deliver on its long-term promises.

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