SanDisk Extends Rally After Investor Day, Backed by Buybacks and AI Strategy
SanDisk shares jumped 3.8% in pre-market trading, continuing a rally set off by the company’s 2026 Investor Day. The move followed a JPMorgan upgrade to Overweight from rating suspended and a new $2,250 price target that implies about 47% upside. Management unveiled a multi-year plan with mid-to-high double-digit revenue growth targets for fiscal y…