Citi Raises Square Target Price to $250

BlockBeats News, June 25th, Citigroup analyst Asiya Merchant has raised the price target for SanDisk from $2025 to $2500 and maintains a Buy rating on the stock.

Micron's financial report shows that the NAND market will remain tight until 2027, analysts said in a research note to investors. Citigroup believes that strong demand and pricing will drive the upward revision of SanDisk's price target.