According to CNBC, Rosenblatt initiated coverage of Sandisk with a buy rating and set a $2,400 price target, implying 36% upside from Monday's close. Analyst Kevin Cassidy said new AI compute platforms are making NAND flash a more system-critical part of AI infrastructure, and he said Sandisk's BiCS8 and BiCS10 3D NAND platforms give it an edge in AI-oriented enterprise storage. Sandisk shares have surged 644% year to date as demand for NAND has climbed with the spread of next-generation AI models. LSEG data shows 24 of the 28 analysts covering Sandisk rate the stock a buy or strong buy.