Sundeep Bajikar

In a report published Friday, Jefferies analyst Sundeep Bajikar reiterated a Buy rating on SanDisk (NASDAQ: SNDK), and raised the price target from $70.00 to $71.00. In the report, Jefferies noted, “Consistent with our Moore Stress thesis, non-GAAP gross margins expanded by 1,800 bps over the...

In a report published Thursday, Jefferies analyst Sundeep Bajikar downgraded Inphi (NYSE: IPHI) from Buy to Hold, but reiterated the $11.50 price target. In the report, Jefferies noted, “Consistent with our incrementally less bullish view on the group, we are moving to a Hold rating on IPHI....

In a report published Monday, Jefferies analyst Sundeep Bajikar reiterated a Buy rating on Micron Technology (NASDAQ: MU), and raised the price target from $15.00 to $18.00. In the report, Jefferies noted, “Moore Stress has led to DRAM prices ~2X higher and NAND prices ~40% higher from their...