🚨HUGE: Rosenblatt initiated SanDisk with a BUY rating and a $2,400 price target after the stock surged 644% in 2026.
The target implied 36% upside from Monday’s $1,766.64 close.
However, $SNDK has since surged another 7% on the Nasdaq to roughly $1,894, reducing the potential upside to about 27%.
Rosenblatt says AI is transforming NAND flash from commodity storage into a critical part of AI infrastructure as demand for high-density enterprise SSDs accelerates.
#SNDK #Sandisk #TrendingTopic
The target implied 36% upside from Monday’s $1,766.64 close.
However, $SNDK has since surged another 7% on the Nasdaq to roughly $1,894, reducing the potential upside to about 27%.
Rosenblatt says AI is transforming NAND flash from commodity storage into a critical part of AI infrastructure as demand for high-density enterprise SSDs accelerates.
#SNDK #Sandisk #TrendingTopic