Analyst Blayne Curtis believes the spin-off could unlock shareholder value as updated technology drives the enterprise solid-state drive maker’s market share gains.
BofA Securities analyst initiats coverage on SanDisk with a Buy rating and $61 price target. He notes positive NAND pricing and market mix, JV with Kioxia, and attractive valuation.
Wall Street pared early morning gains by midday Monday, as investor caution returned despite a temporary easing in U.S.-China trade tensions. While the initial market reaction was positive, especially in tech, enthusiasm faded as the trading session progressed.
Benchmark analyst upgrades Western Digital (WDC) to Buy with $55 price target, citing attractive valuation, expected data center growth and AI opportunities.
Wall Street surges on Trump's 90-day tariff pause for non-retaliating countries, sparking risk-on rally and sending major indices to multi-month highs.
U.S. stocks staged a broad-based rally on Monday, snapping a volatile losing streak after President Donald Trump hinted at a more diplomatic approach to tariff negotiations.
