RBC Capital Maintains an 'Outperform' on SanDisk (SNDK); Avoided Weakness of Retail Channel
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Price: $1,641.11 +7.39%
Rating Summary:
29 Buy, 18 Hold, 2 Sell
Rating Trend:
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Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
29 Buy, 18 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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RBC Capital maintains an 'Outperform' on SanDisk (NASDAQ: SNDK) price target of $50.00.
Analyst, Doug Freedman, said, "SanDisk beat Street estimates as lower expectations were not required. It appears the company avoided weakness in the retail channel."
Q2 Results - SNDK reported Q2 revenues/gross margins/EPS of $1,032mil/28.3%/$0.21 vs. Street $1,016mil/28%/$0.19 and RBCCM $960mil/22%/($0.01).
For an analyst ratings summary and ratings history on SanDisk click here. For more ratings news on SanDisk click here.
Shares of SanDisk closed at $34.26 yesterday.
Analyst, Doug Freedman, said, "SanDisk beat Street estimates as lower expectations were not required. It appears the company avoided weakness in the retail channel."
Q2 Results - SNDK reported Q2 revenues/gross margins/EPS of $1,032mil/28.3%/$0.21 vs. Street $1,016mil/28%/$0.19 and RBCCM $960mil/22%/($0.01).
For an analyst ratings summary and ratings history on SanDisk click here. For more ratings news on SanDisk click here.
Shares of SanDisk closed at $34.26 yesterday.
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