SK Hynix Falls 3% Despite Wolfe Research Lifting Its Target to $250; SanDisk Drops 3%, Micron Slides 2%
SK Hynix (SKHY) shares fell 3% to $189.79 despite Wolfe Research raising its price target to $250. Wolfe projects SK Hynix and Micron (MU) could repurchase 32% and 25% of their market caps by 2027. SanDisk (SNDK) dropped 3%, and Micron slid 2%. The Roundhill Memory ETF (DRAM) fell 3%, outpacing the QQQ's 0.87% decline, indicating sector-wide selling.





