Citi Raises Price Target for SanDisk Stock Amid Strong Market Conditions
Citi analyst Asiya Merchant raised her price target on SanDisk (SNDK) to $2,500 from a 'Buy' rating due to strong industry conditions and Micron Technology's recent positive earnings. The move follows tight NAND supply dynamics and increased demand driven by AI-related capital expenditures.
Topics: AI Demand Citi Analyst NAND Supply Conditions SanDisk