SanDisk surges 60% in two weeks... JPMorgan rates it "Overweight," citing another 40% upside potential
JPMorgan was the direct catalyst for this surge. On the same day, JPMorgan analyst Harlan Sur upgraded SanDisk's rating from "Neutral" to "Overweight" and set a target price of $2,250 (approx. ¥360,000) based on December 2027. This implies approximately 40% additional upside from current levels. JPMorgan assessed that SanDisk is in a unique position to benefit from trends in NAND flash memory and growth in the AI inference market.
Other investment banks also相继 issued favorable ratings. Bernstein significantly raised its target price from $1,700 (approx. ¥270,000) to $3,000 (approx. ¥480,000). Evercore ISI maintained its "Outperform" rating with a target price of $2,800 (approx. ¥450,000). RBC Capital Markets also raised its one-year target price from $1,300 (approx. ¥210,000) to $1,600 (approx. ¥250,000).
Other investment banks also相继 issued favorable ratings. Bernstein significantly raised its target price from $1,700 (approx. ¥270,000) to $3,000 (approx. ¥480,000). Evercore ISI maintained its "Outperform" rating with a target price of $2,800 (approx. ¥450,000). RBC Capital Markets also raised its one-year target price from $1,300 (approx. ¥210,000) to $1,600 (approx. ¥250,000).
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