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SanDisk (SNDK) was upgraded Wednesday by an analyst upbeat about the supply/demand balance for flash-memory chips this year, as well as a new product launch, cost-cutting and other factors. Goldman Sachs analyst Mark Delaney, in a research report Wednesday, upgraded SanDisk to conviction buy from neutral and boosted his price target to 106 from 100. Delaney said demand for Apple’s (AAPL) iPhone 6 and iPhone 6 Plus are helping to drive Nand flash Scalper1 News
Scalper1 News