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Barchart
Wajeeh Khan

Citi Just Raised Its Price Target on SanDisk Stock. Here's Why.

SanDisk Citi Sandisk Stock Asiya Merchant SNDK United States

SanDisk (SNDK) shares are pushing higher on Thursday morning after a senior Citi analyst, Asiya Merchant, issued a bullish note in favor of the flash memory storage devices manufacturer.

Merchant maintained a “Buy” rating on SNDK and raised her price objective to $2,500 — indicating potential upside of another 10% from current levels.

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