SNDK is trading 3.2% up at $1749.53 in pre-market, extending last week’s sharp rally following bullish analyst price-target hikes.
- Channel checks suggest NAND flash memory prices could jump as much as 100%, signaling a significantly stronger pricing environment.
- Major firms including Barclays, Mizuho, and Susquehanna raised targets sharply, citing a much stronger earnings outlook for the company.