Rosenblatt Analyst Says AI Demand Could Push Sandisk (SNDK) Stock To $2,400
SanDisk (SNDK) shares climbed in pre-market trading after Rosenblatt analyst Kevin Cassidy initiated coverage with a Buy rating and a $2,400 price target. Cassidy sees approximately 36% upside from SanDisk’s September 22 closing price of $1,766.64, citing AI infrastructure as a structural growth driver. The analyst believes AI computing is creating an opportunity to make…