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Fly News Breaks for March 4, 2015
SNDK
Mar 4, 2015 | 08:45 EDT
After SanDisk (SNDK) introduced a new all-flash scale-out storage system offering for big data workloads called InfiniFlash, Bernstein thinks the product is competitive with HDD for big data applications, and is also competitive with other all-flash offerings in the market. bernstein says that the poor reaction of SanDisk's stock following the launch indicates that the market does not understand the extent of InfiniFlash's disruption. The firm reiterates a $100 price target and Outperform rating on the shares.
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