“`html
SanDisk Corp (SNDK) shares recently traded at $62.50, surpassing the average analyst 12-month target price of $58.08. This stock price movement prompts analysts to consider either downgrading based on valuation or raising the target due to positive business developments. Currently, the range of analyst price targets spans from $39.00 to $70.00, with an average standard deviation of $8.519.
Among the analysts covering SanDisk, there are 10 strong buy ratings, 6 hold ratings, and 1 strong sell rating. The average rating stands at 1.94 on a scale from 1 (Strong Buy) to 5 (Strong Sell). This information is based on data from Zacks Investment Research and may indicate that investors should reassess their positions in SNDK given its recent performance.
“`
