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Citigroup Raises Sandisk Target Price by Over 50% to $2,025 on May 20; Whale Nets $447K Gain

GateNews

Price Prediction Stocks

2026-05-20 06:45:37

C-0.08%

SNDK1.74%

MU1.34%

HYPE2.72%

According to BlockBeats citing Hyperinsight, Citigroup significantly raised Sandisk (SNDK) price target by over 50% to $2,025 on May 20, also lifting Micron (MU) target price to $840. A whale on Hyperliquid synchronized positions in both stocks with a combined $10 million entry, now recording a floating gain of $447,000 (+12.3%). The whale's MU long position (10x leverage) holds 7,714.3 contracts (~$5.5 million at $687.5 average entry), while SNDK long position (10x leverage) holds 7,714.3 contracts (~$4.55 million at $1,319.4 average entry).

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Comment

0/400

GateUser-b8b48d75

· 05-20 07:07

Buy the dip 😎

View OriginalReply0