business
SanDisk Jumps 6% as Rosenblatt Starts Coverage at Buy With $2,400 Target; Micron Rises 3%, Seagate Ticks Up
Rosenblatt's initiation on SanDisk sent shares surging and lit up the entire memory sector Tuesday, but the analyst's own warning buried inside the note raises a real question about how long this rally can last.
Rosenblatt Securities has initiated coverage of SanDisk (NASDAQ:SNDK | SNDK Price Prediction) at Buy, and the note is powering a clean divergence between memory names and the broader U.S. market Tuesday morning. SanDisk stock is at $1,875, up 6% in T... [4518 chars]
Read Full ArticleShare this story
Up next
Related Stories
UK Prime Minister Burnham says Iran 'played a part' in British air base incident
cnbc.com
Piyush Goyal gets a ‘trade minister for life’ tag from US trade chief at G20
timesofindia.indiatimes.com
Trump touts $200 billion South Korean investment plan as Alaska LNG project hangs in balance
cnbc.com
Cornell rape case: Prosecutor says he wasn't given transcript of Jane Doe's interview with campus police; university agrees to independent investigation, New York governor says
yahoo.com
Passengers and crew foil co-pilot's apparent attempt to crash FlyDubai flight to Israel
cnbc.com