Bank of America Raises Price Target for SanDisk Stock
On June 8, Bank of America analyst Wamsi Mohan raised his price target for SanDisk (SNDK) to $2,100 from $1,550 while maintaining a 'Buy' rating. The upgrade follows discussions at the bank's Global Technology Conference and is based on multi-year supply agreements that have secured over $42 billion in committed revenue.
Topics: Bank of America Buy Rating Price Target Upgrade Sandisk