Sandisk has already delivered one of the most extraordinary stock rallies in the technology sector this year, up more than 550% in 2026 before last week’s pullback.

The memory company fell more than 15% over two sessions as the broader AI trade sold off on Broadcom earnings and profit-taking. Bank of America used the dip to make its call louder, not quieter.

Analyst Wamsi Mohan, ranked #151 out of 10,081 Wall Street analysts on TipRanks with a 65% success rate, raised his price target on Sandisk (SNDK) to $2,100 from $1,550 on June 8. He maintained his Buy rating and argued the company’s run has significantly more room to go, according to CNBC.

Wamsi Mohan’s view on Sandisk performance

The upgrade followed Sandisk…