๐จ HUGE: SanDisk $SNDK just got a $2,400 price target from Rosenblatt โ after exploding 644% in 2026.
Rosenblatt initiated coverage with a BUY rating, implying 36% upside from Mondayโs $1,766.64 close.
But $SNDK didnโt stop there.
The stock has since jumped another 7% to around $1,894, cutting the implied upside to roughly 27%.
The bigger story is AI.
Rosenblatt argues AI is transforming NAND flash from a commodity storage product into critical AI infrastructure.
As AI workloads demand massive amounts of high-density enterprise SSDs, NAND demand could become increasingly strategic.
A stock already up 644% this year is now being positioned as an AI infrastructure play.
#SanDisk #SNDK #AI #Stocks #Nvidia $SNDK
Rosenblatt initiated coverage with a BUY rating, implying 36% upside from Mondayโs $1,766.64 close.
But $SNDK didnโt stop there.
The stock has since jumped another 7% to around $1,894, cutting the implied upside to roughly 27%.
The bigger story is AI.
Rosenblatt argues AI is transforming NAND flash from a commodity storage product into critical AI infrastructure.
As AI workloads demand massive amounts of high-density enterprise SSDs, NAND demand could become increasingly strategic.
A stock already up 644% this year is now being positioned as an AI infrastructure play.
#SanDisk #SNDK #AI #Stocks #Nvidia $SNDK
