The Aug. 6 research note lowered Citi's valuation on 闪迪 (SNDK.O), marking a $400 reduction in the stock's target price.
Citi lowered its target price on 闪迪 (SNDK.O) to $2,100 from $2,500 in a research report dated Aug. 6, according to BlockBeats. The change represents a $400 cut to the prior valuation benchmark analysts use to indicate where they expect a stock to trade over a set period.