Editorial companion

What stands out

Schwab Network ran a short that highlights Bernstein’s eyebrow-raising $3,000 price target for SanDisk, a bull case premised on accelerating AI demand tightening memory markets and giving suppliers more pricing power. Jenny Horne walks through the analyst’s points, and the clip matters because big price targets like this move headlines and flows even when evidence is still forming. Our stance remains Neutral, which reflects the gap between an attention-grabbing forecast and durable proof of sustained margin expansion.