SanDisk stock holds above $500 after Citi hikes target, eyes turn to Jan. 29 earnings
SanDisk shares rose 1.4% to $508.09 Thursday, leading the S&P 500 after Citi raised its price target to $490 on strong data center demand. Trading volume reached 19.2 million shares. Investors await SanDisk’s Jan. 29 earnings for updates on NAND pricing and supply. Peers including Western Digital and Micron also posted modest gains.