SanDisk (SNDK +3.1%) is rallying courtesy of an upgrade to Outperform from Wedbush: the firm...

|By:, SA News Editor

SanDisk (SNDK +3.1%) is rallying courtesy of an upgrade to Outperform from Wedbush: the firm cites a favorable NAND flash memory supply/demand balance (Goldman feels likewise) and strong OEM design wins (the iPhone 5 is among them).