All articles tagged with #rosenblatt
Sandisk shares have risen 644% this year, driven by AI-fueled demand for memory. Rosenblatt analyst Kevin Cassidy initiated coverage with a Buy rating and a $2,400 price target, citing a shift from commodity storage to critical AI infrastructure. Wall Street expects memory chip prices to rise over 20% in Q3, with DRAM and NAND remaining undersupplied into 2027.
Rosenblatt boosts Micron’s price target to $1,200 from $600 ahead of MU’s fiscal Q3, arguing robust data-center memory demand, constrained wafer supply, and AI-driven growth in DRAM/NAND and high-bandwidth memory (HBM) could extend the current memory upcycle.
Rosenblatt analyst Kevin Cassidy is optimistic about Super Micro Computer's stock, calling for more than 60% upside after its recent massive rally. Cassidy's bullish outlook is based on the company's strong position in the data center market and potential for growth in cloud computing and artificial intelligence. He believes that Super Micro's stock is undervalued and sees significant potential for investors.