Sandisk rides Wall Street price target hikes towards new record
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Sandisk's stock surged due to increased Wall Street price targets, with Goldman Sachs raising its target to $320 and maintaining a "buy" rating, while Mizuho set a new high target of $410 with an "outperform" rating. The company's shares have skyrocketed over 350% since August, driven by the AI boom, leading to its inclusion in the S&P 500 and making it the index's top performer with a 560% annual gain.
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