SanDisk (SNDK) Stock Falls Despite Wall Street’s Bullish Targets

TLDR SanDisk stock fell 2.8% in early premarket trading, extending Monday’s 5.97% decline. Broadcom’s warning about AI financing added pressure to semiconductor shares. China’s CXMT raised fresh concerns about competition across the memory industry. Rosenblatt maintained a bullish outlook with a $2,400 SanDisk price target. SanDisk faces potential support at 1,350–1,400 ahead of October 29 [...]

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