Sandisk shares are trading higher Tuesday after Bernstein boosted its outlook on the stock and issued a major price‑target increase.

Bernstein raises SNDK target to $3,000. See why SanDisk's dynamic contracts beat Micron (MU) with superior protection as 'AI equals memory.'

Despite rising more than 800% this year, Sandisk stock still has room to run much higher, a Wall Street analyst says.