Citi Raises Price Target for SanDisk Stock Amid Strong Demand and Pricing Trends

On May 19, Citigroup analyst Asiya Merchant raised her price target for SanDisk (SNDK) stock by over 50%, citing strong demand in the storage market driven by AI growth. The firm maintained a 'Buy' rating as it forecasts significant increases in NAND and eSSD pricing.

By Wajeeh Khan Tue, May 19, 2026 at 11:30 PM GMT+3 2 min read · Yahoo Finance ·

Citi Raises Price Target for SanDisk Stock Amid Strong Demand and Pricing Trends

Tickers: $SNDK

Topics: AI Demand Citi Analyst NAND Pricing Sandisk

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