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JPMorgan Reiterates 'Overweight' Rating for SanDisk Amid 47.24% Upside Prediction

Guavy AI Editorial Team
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JPM
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SanDisk's stock has received an 'overweight' rating from JPMorgan Chase & Co., which predicts a potential upside of 47.24% from its current price, putting it at $2,250.00.

This is not the first time JPMorgan has expressed this view; in June, they lifted their price target on shares from $1,100.00 to $1,750.00 and gave the company an 'overweight' rating.

Not all analysts agree: Wedbush remains unconvinced that SanDisk's recent profitability is sustainable, citing elevated memory prices as a primary driver rather than shipment growth.

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