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Sandisk's split from Western Digital has led to divergent stock trajectories, with SNDK soaring and WDC tanking, validating Elliott Management's push for separation. Sandisk's innovative High Bandwidth Flash (HBF) technology could revolutionize NAND applications, offering significant capacity and bandwidth advantages over traditional HBM DRAM. Despite recent financial struggles, Sandisk projects strong revenue growth and positive free cash flow by FY 2025, with a bullish outlook from analysts like Morgan Stanley.
Wall Street analysts are making waves this morning with fresh upgrades that have sent SanDisk Corp (NASDAQ:SNDK) and Mosaic Co (NYSE:MOS) higher in this morning's trading.