Movement Alert｜SanDisk Corp. Rises 3.07% in Regular Trading, Argus Upgrades Rating to Buy with $1,600 Target

Market Focus

Aug 11

On August 11, SanDisk Corp. rose 3.07% in regular trading, trading at $1,272.23/share, with turnover of $1.641 billion.

On the news front, investment research firm Argus Research upgraded SanDisk from \"Hold\" to \"Buy\" and set a $1,600 price target, citing stock pullback and accelerating customer demand as drivers for sales growth and margin expansion. The firm noted SanDisk is experiencing exceptionally strong demand and is responding through price increases and long-term agreements with major clients.

Multiple institutions have maintained bullish stances, with China Renaissance issuing a $2,000 target and Bank of America maintaining a $2,500 target, citing AI storage demand as a catalyst for sustained earnings growth. According to FactSet data, SanDisk currently holds an average analyst rating of \"overweight\" with a mean price target of approximately $2,234, well above the current share price. Additionally, the broader storage sector saw recovery, with Western Digital up 1.25% and Seagate Technology up 1.51%, providing sector-wide tailwinds.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Rises 3.07% in Regular Trading, Argus Upgrades Rating to Buy with $1,600 Target\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-08-11 21:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On August 11, SanDisk Corp. rose 3.07% in regular trading, trading at $1,272.23/share, with turnover of $1.641 billion.</p><p>On the news front, investment research firm Argus Research upgraded SanDisk from \\\"Hold\\\" to \\\"Buy\\\" and set a $1,600 price target, citing stock pullback and accelerating customer demand as drivers for sales growth and margin expansion. 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