🟢 Sandisk Corp is trading 3.1% up today as Bank of America raises price target to $2,100

Sandisk Corp is trading 3.1% up at $1607.81 following a bullish price target revision from Bank of America.

• Bank of America raised its price target from $1,500 to $2,100 and reiterated a Buy rating, citing a tight supply-demand balance and successful new business models.
• The optimistic call appears to be the main catalyst for renewed buying interest despite recent broader tech-sector pressure and an extremely volatile week for the stock.