Sandisk Stock Plunged Today. Analysts Say Buy the Dip.

Shares of Sandisk (NASDAQ: SNDK) fell on Monday due to a broader pullback in chip stocks. Despite this, several Wall Street analysts maintain bullish price targets for Sandisk, citing strong demand for memory chips driven by artificial intelligence. Analysts from Goldman Sachs and Evercore have raised their price forecasts, expecting Sandisk's profits to continue growing.