Lark Davis|Jun 28, 2026 10:33
Citi just bumped their SanDisk price target to $2,500.
The thesis makes a lot of sense. Tight NAND supply is acting like a moat, hyperscalers are pouring $700B into AI data centers this year and they all want SSDs not spinning rust. SNDK is already up 8x in 2026 and the Street still sees more room to run.
Wild year to be in flash storage.(Lark Davis)
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