
Citi lifted its price target on Sandisk (SNDK) to $875 from $750 while reaffirming a “Buy” rating. The SNDK stock upgrade suggests that Citi is bullish on strong storage demand for Sandisk amid the AI buildout.
Valued at a market cap of $114 billion, SNDK stock is up a whopping 1,200% in the past year. Is it still a good buy?