Sandisk slumps even as BofA ups price target on growing supply-demand imbalance (SNDK:NASDAQ)
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
SanDisk's stock has declined despite an increased price target from Bank of America. The price target increase is reportedly due to a growing supply-demand imbalance. The reason for the stock's decline is not specified, despite the positive adjustment to its price target.