Sandisk Corporation - Common Stock (SNDK)

Analyst Blayne Curtis believes the spin-off could unlock shareholder value as updated technology drives the enterprise solid-state drive maker’s market share gains.

BofA Securities analyst initiats coverage on SanDisk with a Buy rating and $61 price target. He notes positive NAND pricing and market mix, JV with Kioxia, and attractive valuation.

Wall Street pared early morning gains by midday Monday, as investor caution returned despite a temporary easing in U.S.-China trade tensions. While the initial market reaction was positive, especially in tech, enthusiasm faded as the trading session progressed.

Wall Street bounced back from early losses, driven by upbeat bank earnings and cooler inflation data, while shrugging off trade war concerns.

Benchmark analyst upgrades Western Digital (WDC) to Buy with $55 price target, citing attractive valuation, expected data center growth and AI opportunities.

Wall Street surges on Trump's 90-day tariff pause for non-retaliating countries, sparking risk-on rally and sending major indices to multi-month highs.

U.S. stocks staged a broad-based rally on Monday, snapping a volatile losing streak after President Donald Trump hinted at a more diplomatic approach to tariff negotiations.

Wall Street sees worst week for U.S. equities since March 2020 as selloff continues, fueled by fears of global trade war and inflation risks.

Since its Feb. 24 listing, Sandisk stock has risen about 40%, even amid the broader market volatility.