BUZZ-Bernstein lifts SanDisk PT; shares rise** Shares of memory chipmaker SanDisk SNDK.O rise 5.8% to $410.28 premarket
** Brokerage Bernstein lifts PT on SNDK to $580 from $300, implying a ~50% upside to stock's last close
** Raises estimates due to "unprecedented" NAND (flash memory) shortages and rising prices; keeps SNDK as one of its top picks
** SNDK continues to have the most upside in the short-term - Bernstein
** Out of 21 brokerages covering the stock, 14 rate it "buy" or higher, others "hold"; stock has a median PT of $300 - LSEG data
** SNDK made its market debut in February 2025 and the stock rose over sixfold by year-end
(Reporting by Arnav Mishra in Bengaluru)
((Arnav.Mishra@thomsonreuters.com;))
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