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NASDAQ:SNDK.O News 20 January 2026

Sandisk stock jumps after Citi lifts target to $490 as data-center demand tightens supply

Sandisk stock jumps after Citi lifts target to $490 as data-center demand tightens supply

New York, Jan 20, 2026, 16:34 EST — After-hours Shares of Sandisk Corp (SNDK.O) jumped close to 10% Tuesday, bucking the broader market slump, following a price target hike from Citigroup on the memory company. Citi boosted its price target on Sandisk to $490 from $280, keeping a buy rating intact. The bank cited strong data-center demand and well-balanced supply…
20 January 2026
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Stock Market Today

  • Indian Stock Markets Closed on January 26 for Republic Day Holiday
    January 23, 2026, 9:59 AM EST. Indian stock markets, including NSE and BSE, will remain closed on Monday, January 26, for Republic Day. All trading segments-equities, derivatives, currency, and interest rate-will halt for the day. Commodity markets, including metals, energy, and agricultural commodities, will also be shut. This marks the first of 15 market holidays in 2026, which include key religious and national dates like Holi, Good Friday, and Diwali. Despite recent volatility fueled by global trade tensions and weak corporate earnings, markets are expected to follow global macroeconomic cues and domestic policy updates, including US Federal Reserve interest rate guidance and the Union Budget. Trading will resume normally on Tuesday, January 27.
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