Major Bank Ratings | Evercore ISI: Substantially Raises SanDisk Target Price to $3,100, Maintains "Outperform" Rating

Golden Ten Data July 14｜Evercore ISI has significantly raised SanDisk’s target price from $1,400 to $3,100, maintaining an “Outperform” rating. Analyst Amit Daryanani believes investors have underestimated SanDisk’s profitability and free cash flow sustainability over the next few years, as well as the company’s ability to further increase prices if supply-demand imbalance continues until 2027.