🟢 SanDisk is trading 5% up in pre-market after RBC Capital initiates coverage with $400 price target

SNDK is trading at $407.45, up 5.06% in pre-market, following RBC Capital's initiation of coverage with a $400 price target and "Sector Perform" rating.

• The stock has maintained strong momentum amid robust AI infrastructure demand.
• Analyst price targets currently range from $400 to $580.
• SanDisk's BiCS8 technology adoption and expanding data center partnerships continue driving investor confidence in the company's growth prospects.