Rosenblatt initiates Sandisk Buy as AI memory demand seen lasting
Barron's says Rosenblatt analyst Kevin Cassidy initiated Sandisk coverage with a Buy rating, arguing Wall Street does not expect AI-driven memory demand to subside soon.
Rosenblatt analyst Kevin Cassidy began coverage of Sandisk with a Buy rating and a price target of t… Cassidy said shares of Sandisk have already surged this year, but the stock could have more upside as Wall Street does not expect artificial-intelligence-driven demand for memory to fade anytime soon.