▲ 58 r/SNDK_Stock
PT raised to $3250
Susquehanna raised price target to $3250 from $2000.
"The firm's checks suggest Q2 DRAM average selling prices are trending to be up 50%-60% quarter-over-quarter, ahead of expectations of up 50%, while NAND ASPs are trending unchanged at up 75-100% quarter-over-quarter, reports the analyst, who is increasing estimates for memory manufacturers under coverage, driven by continued strength in blended ASPs and growing confidence in the sustainability of the margin profile."
Credit: TipRanks
u/CheapOil5057 — 13 days ago