/The%20Sandisk%20logo%20on%20an%20office%20building%20by%20Askar%20via%20Adobe%20Stock.jpeg)
Argus Research analysts led by Jim Kelleher view the recent pullback in SanDisk (SNDK) shares as a major buying opportunity for long-term investors. On Monday, Kelleher upgraded SNDK to “Buy” and maintained his $1,600 price target, indicating potential upside of more than 25% from current levels.
Sandisk stock is still trading at nearly 4.5x its price at the start of 2026 but is down more than 45% versus its year-to-date high in late June.
