Woofun AI notes that Bernstein analyst Mark Newman elevated SanDisk's target price from $1700 to $3000 while retaining an "Outperform" rating. The firm highlighted a structural pivot in Long-Term Agreements (LTA) from customer-favorable terms to supplier-advantageous conditions. These new contracts feature fixed or range-constrained pricing, prepaid fund commitments for downside protection, and extended durations. Bernstein estimates the floor price in recent LTAs at approximately $0.29 per GB.