Woofun AI reports that Bernstein analyst Mark Newman increased the price target for SanDisk (SNDK) from $1700 to $3000 while maintaining an "Outperform" rating. The analyst highlighted that new Long-Term Agreements feature fixed or range-bound prices, prepayment commitments, and downside risk protection, differing from previous customer-biased terms. Data indicates the floor price in recently signed LTAs is 29 cents per GB, significantly lower than Micron's second-quarter floor price.