SanDisk is trading 7.22% up at $11.59 after Rosenblatt initiated coverage on September 22, 2026, with a Buy rating and a $2,400 price target.
- Expanding AI models and data-intensive inference are making high-density NAND storage increasingly critical to AI infrastructure.
- Memory-chip stocks are also benefiting from renewed AI optimism, strong South Korean chip exports, and tightening supply.