Bank of America is telling clients the memory shortage is nowhere near over — and that Sandisk Corp. (NASDAQ:SNDK) is the cleanest way to own it.
On Wednesday, bank analyst Wamsi Mohan reiterated a Buy rating on Sandisk and lifted his price objective from $2,100 to $2,500 a target that sits about 25% above where the stock changed hands at the time of this writing.
