SanDisk (SNDK) stock slips as fresh Wall Street target hikes collide with profit-taking
SanDisk shares fell 1.5% to $466.69 Monday morning, trailing gains in Western Digital and Seagate. Morgan Stanley and Cantor Fitzgerald raised price targets to $483 and $550, citing stronger NAND pricing. Investors await SanDisk’s Jan. 29 earnings for updates on flash-memory demand and pricing. The company separated from Western Digital in February 2025.