Sandisk Corp is trading 5.3% up now at $1,642.30 following a bullish analyst call from Bank of America.

  • The firm raised its price target from $1,500 to $2,100 and reiterated a Buy rating, citing tight supply-demand dynamics and successful new business models.
  • The jump is supported by a broader rebound in tech and semiconductor names as the Nasdaq rises and market risk appetite improves.