Sandisk stock cools in premarket after Nvidia CES spark as BofA lifts target to $390
Sandisk shares fell 0.8% to $346.79 in premarket trading Wednesday after closing at a record $349.63, following a 27.6% surge Tuesday. Bank of America raised its price target on Sandisk to $390. The move comes after Nvidia’s CES comments on AI infrastructure fueled a rally in storage and memory stocks. Sandisk reports earnings Jan. 29.