Rackspace Honored in London & 3 Chip and Big Data Stocks on the Move

SanDisk Corp. (NASDAQ:SNDK): Closing price $50.93

SanDisk shares were raised Tuesday at Susquehanna to a price target of $70 from $55, after recent channel checks. The research firm cited rising momentum and changes in the NAND industry, diversification of end markets, and a potential to end the year with an annualized earnings run rate of $6 per share. Shares are rated Positive.