UBS initiated SKHY with a $204 price target, saying the stock is still trading on pre-AI memory economics despite a more favorable demand outlook. It sees ROE s

UBS initiated SKHY with a $204 price target, saying the stock is still trading on pre-AI memory economics despite a more favorable demand outlook. It sees ROE staying above 40% through 2031, with agentic AI lifting 2027 DRAM and NAND bit growth.