1 Analyst Says Ignore the Noise and Keep Buying Sandisk Stock

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? More News from Barchart www.barchart.com The NAND Market Changes For years, NAND flash was treated like a commodity. Buyers wanted multiple suppliers, and prices swung wildly. T ...