Sandisk Falls 3.2% While $2,400 Target Tests AI Storage Faith

Sandisk NASDAQ:SNDK, the NAND flash and enterprise storage company, drew a Buy rating and a $2,400 price target from Rosenblatt as the firm made the case that AI demand could lift the value of its storage products. Shares fell about 2% to $1,849.38 Wednesday morning, leaving the target roughly 29.8…