Three Wall Street Houses Bet SanDisk Stock Will Break Past the $2,000 Line

Three major Wall Street firms have reaffirmed their buy calls on SanDisk (SNDK), forecasting that the stock will soon clear the $2,000 level and climb higher.

A trio of Wall Street firms has held onto and restated its buy ratings on SanDisk shares, forecasting that the stock will shortly push past the $2,000 mark and rally further across the indices. At present, SNDK changes hands around the $1,881 area, leaving it just one or two moves away from rising above the historic $2,000 zone. The three Wall Street firms calling for SNDK to clear the $2,000 milestone are detailed below.

Confidence in a Move Above $2,000
Each of these heavyweight firms believes SanDisk shares truly belong above the $2,000 level. For that reason, stepping in with a position now may pay off, since the equity is currently sitting under the $1,900 range. Every one of these forecasts points to double-digit upside, and only the projection from Cantor Fitzgerald goes as far as a gain of 50%+. Should this leading equity hit that price target, the returns would be enormous.

Last Year's Buyers Reaped Huge Gains
Traders who opened a position in SNDK exactly a year ago have booked profits exceeding 4,000%. A $1,000 stake has ballooned into a remarkable $41,000, with room to climb even higher in value. SNDK proved to be a genuine gem of the market during a stretch when Nvidia lost some of its momentum.

What this means for you
What this means for investors:

• If you already hold SNDK, these calls suggest double-digit upside from the current $1,881 level toward $2,000 and beyond.
• If you are considering buying, note the stock sits below $1,900 now, but these are only forecasts with no guarantee — last year's 4,000% surge is not a promise of similar gains ahead.

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