MarketPR
BofA Reiterates Buy on SanDisk and Lifts Price Target on New Business Models Bank of America has reiterated its Buy rating on SanDisk (SNDK) and raised its price target, citing the company's new business models.
According to the note, BofA maintained its Buy rating on the stock rather than changing its overall stance.
The action was a reiteration of an existing positive view paired with an upward revision to the firm's price target. BofA raised its price target on SanDisk by roughly 35%, per the source.
The precise new target figure was not confirmed for this report. The previous price target was also not specified in the available materials.
Keep reading