SanDisk Stock (SNDK) on December 8, 2025: JPMorgan Neutral, Susquehanna to $300 as AI Flash Leader Cools After Huge Rally
JPMorgan initiated coverage of SanDisk with a Neutral rating and $235 price target, citing risks of earnings normalization as NAND pricing peaks. Susquehanna raised its target to $300 and reiterated a Positive rating. SanDisk shares traded in the mid-$220s after surging over 500% year-to-date, following its S&P 500 debut and spin-off from Western Digital.