Jefferies cut its SanDisk price target 42% despite record earnings
SanDisk reported record revenue and margins along with a $14B share buyback, but Jefferies cut its price target for the stock by 42%.
Key takeaway
"Jefferies cut its SanDisk price target 42% despite record earnings" — BullBear's AI rates this story as a mixed, direction-neutral signal, with a market-impact score of 35 out of 100. SanDisk reported record revenue and margins along with a $14B share buyback, but Jefferies cut its price target for the stock by 42%. Reported by Protos on August 06, 2026. The call is verified against the actual 24-hour price move on BullBear's public conviction ledger.
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