SK Hynix Falls 3% Despite Wolfe Research Lifting Its Target to $250; SanDisk Drops 3%, Micron Slides 2%

SK Hynix shares fell 3% to $189.79 despite Wolfe Research raising its price target to $250 from $200, implying roughly 32% upside from the cited share price. SanDisk also declined 3% to $1,824, indicating weak near-term trading sentiment across the cited memory-chip names despite the favorable analyst action on SK Hynix.