Barclays: Storage supply-demand imbalance may persist until 2027, sets SanDisk target price at $2,300
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格隆汇 May 28|Barclays analyst Tom O’Malley has significantly raised the target price of SanDisk from $1,200 to $2,300, upgrading its rating from “Neutral” to “Overweight”. The memory and storage segment is entering a new development phase driven by long-term contracts, tightened supply, and unprecedented pricing visibility. Barclays calls the memory and storage sector the most attractive vertical outside of accelerators and points out that the current supply and demand imbalance may last until 2027. The bank sees SanDisk as one of the biggest beneficiaries of this round of industry transformation.
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