Could SanDisk become the biggest winner in AI storage? Bernstein points to a hidden advantage over Micron!
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Price target raised to $3,000 due to changed long-term supply contracts. Fixed price floors and financial pre-commitments reduce the contractual risks of the corporation. Demand from data centers provides planning certainty until 2028. Strategic Realignment of Supply Contracts The analyst Mark Newman from the research house Bernstein has raised the price target for the shares of SanDisk (SNDK) from $1,700 to $3,000 on June 29 and maintained the rating at "Outperform." From the corporation's perspective, there is a structural change in...
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