Shares of Sandisk have already rallied nearly 300% this year. Evercore's bull case sees another 173% jump.
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Key catalysts, including the potential for more price hikes, are driving analyst Jason Bazinet’s upgrade.
The flash storage memory company reported strong margins as AI data centers fuel a supply crunch for the chips.
Higher prices on chips are boosting margin projections through 2027.
Demand for memory, storage and CPUs are bolstering chip makers thanks to the artificial intelligence buildout.
A week of "maximum uncertainty" should deliver a key opportunity for investors, according to Evercore ISI's Julian Emanuel.
We're raising more cash for the portfolio into strength after the S&P Short Range Oscillator officially entered overbought…
