Citi Raises Price Target for SanDisk to $2,025 Amid Strong Industry Performance
On May 19, Citi analyst Asiya Merchant raised the price target on SanDisk (SNDK) from $1,300 to $2,025 while maintaining a Buy rating. The increase is attributed to Kioxia's strong earnings and sequential revenue growth, indicating robust demand in NAND flash memory manufacturing.
Topics: Citi Kioxia NAND flash memory price target SanDisk