# Sandisk Shares Rise After Cantor Fitzgerald Target Cut

> Sandisk stock jumps 5.5% despite Cantor Fitzgerald lowering price target.
- Title: Sandisk Shares Rise After Cantor Fitzgerald Target Cut
- Summary: Sandisk stock jumps 5.5% despite Cantor Fitzgerald lowering price target. Sandisk shares rose 5.5% to $1376.10 after Cantor Fitzgerald reduced its price…
- Keywords: sandisk corporation, sndk, cantor fitzgerald, price target, overweight rating, dividend activity, share buyback, Sandisk, Shares, Rise, Cantor, Fitzgerald
- Source: Alphastreet - Earnings Decoded. Market Intelligence Delivered — https://news.alphastreet.com/sandisk-jumps-5-5-after-cantor-fitzgerald-maintains-overweight
- Author: AlphaStreet Newsdesk
- Published: 2026-10-28T16:34:17+00:00
- Read time: 1 min
- Topics: sandisk corporation, sndk, cantor fitzgerald, price target, overweight rating, dividend activity, share buyback
## Sandisk Shares Jump
Sandisk Corporation shares jumped 5.5% Wednesday to $1376.10.
## Cantor Fitzgerald Target Cut
Cantor Fitzgerald cut its price target by 24.1% while maintaining an Overweight rating.
## Market Reaction
The stock climbed on elevated volume of 4.1M shares with a market cap of $199.4B.
## Capital Allocation Focus
Investors responded to dividend activity and buyback signals overshadowing the price target cut.
## Key takeaway

Sandisk shares rose 5.5% to $1376.10 after Cantor Fitzgerald reduced its price target by 24.1% while maintaining an Overweight rating.