Goldman raised its price target on Sandisk Corporation (NASDAQ:SNDK) to $2,200 and kept a Buy, citing a stronger Q4 and tight NAND supply, while Meta’s move to build an AI chip and name Sandisk as a flash supplier ties the company to sustained AI datacenter storage demand ahead of August results.
Previous Week Recap
- Goldman Sachs Lifts SanDisk Target: Goldman Sachs lifted SanDisk (SNDK) price target to $2,200 from $1,200 and kept a Buy, citing stronger Q4 outlook and tight NAND supply ahead of August results.
- SanDisk Tied To AI Storage Demand: Meta to build AI chip from September and named SanDisk as a flash storage supplier; report ties SanDisk to sustained AI data center storage demand—relevant to SNDK traders.
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