GgoogleUS first seen 2 d ago, last 12 min ago, peak #2

SanDisk stock in focus ahead of October earnings test

Original: sandisk stock

SanDisk shares are drawing attention ahead of the company's October 29 earnings report. Analyst Nicholas Mugalli issued a bullish call, saying the stock has 'more upside' and setting a $3,000 price target that implies a rally of over 100%. The optimism comes despite the shares falling on Monday, with commentators warning the company's sales dropped 38% during the last flash memory downturn and that the upcoming report will be a key test for investors.

Why now: Investors are weighing a bold analyst price target against memory-market risks ahead of SanDisk's upcoming earnings report.

SanDiskNicholas MugalliBenzingaThe Motley Fool

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Rank over time, top of the chart is #1. 5 snapshots from 2 d ago to 12 min ago.

Evidence

• EXCLUSIVE: SanDisk Has ‘More Upside,’ Says Nicholas Mugalli — His $3,000 Target Implies a 102% Rally for SNDK · Benzinga
• Sandisk Stock Is Falling Monday: What's Going On? · Benzinga
• Sandisk's Sales Fell 38% in the Last Flash Memory Downturn, and Its Oct. 29 Report Is the Next Test · The Motley Fool

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