UPDATE: Bank of America Downgrades SanDisk Corporation on Limited Potential Upside
October 30, 2013 at 09:07 AM EDT
In a report published Wednesday, Bank of America analyst Simon Dong-je Woo downgraded the rating on SanDisk Corporation (NASDAQ: SNDK ) from Buy to Neutral, but reiterated the $75.00 price target. In the report, Bank of America noted, “We downgrade SanDisk from Buy to Neutral due to limited potential upside.