Citi Raises Sandisk Price Target to $2,500 as SNDK Rallies 4,800% in 12 Months

Citi has raised its Sandisk price target to $2,500 from $2,025, sending SNDK shares up roughly 22% in the last 24 hours. The chipmaker has rallied approximately 4,800% over the past 12 months on AI-driven NAND demand. The upgrade adds fresh institutional firepower behind one of the most explosive Wall Street stories of 2026. Why