Bank of America has revised its stock price for the rest of 2026 for Sandisk, a storage company that has seen a significant increase in its year-to-date performance. The move comes after BofA Securities analyst Wamsi Mohan increased his Sandisk price target to $1,080 from $900 and reiterated a Buy rating, citing “NAND pricing strength” and a backdrop where “supply remains tight. Mohan also noted that Sandisk’s exposure to enterprise and hyperscale storage positions it to gain outsized benefits as pricing rises. Sandisk expects demand to remain above supply through at least 2026, and analysts now model adjusted gross margins climbing into the mid-60s in the third quarter.