Core Viewpoint - SanDisk (SNDK.US) continues to rise, with a pre-market increase of over 4%, reaching $692.02, and has accumulated over 180% growth this year, driven by strong quarterly performance and outlook [1] Financial Performance - In the second fiscal quarter, SanDisk reported a 61% year-over-year sales increase to $3.03 billion [1] - Adjusted earnings per share surged 404% year-over-year to $6.20, significantly exceeding market expectations [1] Analyst Upgrades - Following the strong performance, major Wall Street firms raised their target prices for SanDisk [1] - Goldman Sachs increased its 12-month target price from $320 to $700 [1] - Bank of America raised its target price from $390 to $850 [1] - Bernstein analyst Mark Newman made a substantial increase in the target price from $580 to $1,000, highlighting profit margin expansion driven by rising NAND prices, significant cost reductions, and product mix optimization [1]
美股异动丨闪迪盘前续涨超4%,绩后获华尔街大行集体上调目标价,最高看到1000美元