Investment analysts at MKM Partners lifted their target price on shares of SanDisk (NASDAQ: SNDK)
SanDisk traded up 0.06% on Friday, hitting $48.42. SanDisk has a 52-week low of $30.99 and a 52-week high of $53.08. The stock?s 50-day moving average is currently $43.68. The company has a market cap of $11.707 billion and a price-to-earnings ratio of 24.54.
SNDK has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein reiterated an ?outperform? rating on shares of SanDisk in a research note to investors on Wednesday. They now have a $60.00 price target on the stock. Separately, analysts at Nomura reiterated a ?buy? rating on shares of SanDisk in a research note to investors on Wednesday. They now have a $52.00 price target on the stock. Finally, analysts at Cross Research upgraded shares of SanDisk from a ?hold? rating to a ?buy? rating in a research note to investors on Monday.
SanDisk Corporation designs, develops and manufactures data storage solutions in a range of form factors using its flash memory, controller and firmware technologies.