Wall Street sharply raises the target price for "flash memory giant" SanDisk; Bank of America says, "In the storage supercycle, the price-to-book ratio should be at least 3-4 times."
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AI data center demand is driving a revaluation of the memory industry, with several Wall Street investment banks sharply raising their target prices for "flash memory giant" SanDisk.
According to Chasewind Trading Desk, Bank of America Merrill Lynch's latest research report has raised its target price