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SanDisk stock draws bold bullish call ahead of earnings

Original: sandisk stock

SanDisk shares are in focus after analyst Nicholas Mugalli issued an unusually aggressive call, setting a $3,000 price target that implies a 102% rally for SNDK and arguing the stock has more upside. Attention is also turning to the company's October 29 earnings report, with commentators recalling that SanDisk's sales fell 38% in the last flash memory downturn as a reminder of the risks.

Why now: An eye-catching $3,000 price target and the upcoming October 29 earnings report have put the stock in the spotlight.

SanDiskNicholas MugalliSNDK

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