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Why Sandisk Stock Popped Today

TheMotleyFool

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Why Sandisk Stock Popped Today: https://g.foolcdn.com/editorial/images/833232/semiconductor-computer-chip-with-the-letters-ai-in-the-middle.jpg

Investment bank Morgan Stanley raised its price target on computer memory-maker Sandisk (NASDAQ: SNDK) stock to $96 Thursday morning, with an overweight (i.e., buy) rating.

Sandisk stock soared 13.6% through 11:30 a.m. ET Thursday in response.

Image source: Getty Images.

Source Fool.com

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