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Barchart
Wajeeh Khan

This Analyst Just Upped the Price Target on SanDisk Stock. Here's Why.

SanDisk (SNDK) shares have already experienced a meteoric rally in the trailing 12 months, but a senior Bank of America analyst remains convinced that they’re not out of juice just yet.

Wamsi Mohan maintained a “Buy” rating on the flash memory specialist and raised his price target to $2,500, signaling potential upside of nearly 24% from current levels.

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