SSD leader SanDisk (SNDK.US) receives bullish call from Morgan Stanley: raises target price to $273, maintains "overweight" rating.

According to the Zhitong Finance APP, Wall Street financial giant Morgan Stanley recently raised the target price of global SSD storage product leader SanDisk (SNDK.US) from $263 to $273 and maintained a "hold" rating. It is worth mentioning that the release of this view coincided with a period of market sell-off of global storage product stocks, as the market was selling related stocks due to concerns about increased capital expenditures and the possibility of a certain degree of easing of supply shortages.