Reports by Jin10, Odaily and BlockBeats said Citi's Aug. 6 research note lowered its valuation on Sandisk, also referred to as 闪迪, by $400.
Citi lowered its target price on Sandisk (SNDK.O) to $2,100 from $2,500 in a research report dated Aug. 6, according to reports from Jin10, Odaily and BlockBeats. The revision represents a $400 reduction in Citi's prior valuation target for the stock.