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

Citi raised its price target on Sandisk to $2,500 from $2,025 after SNDK shares rallied about 4,800% over the past 12 months. According to NS3.AI, Citi analyst Asiya Merchant maintained a Buy rating on the stock and indicated roughly 30.6% additional upside from current levels. The update also noted that Raydium and Jupiter added Sandisk to their tokenized stock rosters.