Sandisk shares jump after Rosenblatt initiates Buy, $2,400 target
Rosenblatt initiated coverage on Sandisk with a Buy rating and a $2,400 price target, following which SNDK shares rose about 6.6% to $1,884.05.
Sandisk NASDAQ:SNDK, the NAND-flash and data-storage producer, got a bullish Wall Street call Tuesday after Rosenblatt started coverage with a Buy rating and a $2,400 price target. 05, leaving the stock close to the analyst's target.