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.
Tickers: $SNDK
Topics: AI Demand Citi Analyst NAND Pricing Sandisk