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Piper Jaffray Downgrades SanDisk (SNDK) to Neutral Amid Takeover

October 22, 2015 6:38 AM EDT
Get Alerts SNDK Hot Sheet
Price: $1,554.85 -4.36%

Rating Summary:
    29 Buy, 18 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 9 | New: 13
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Piper Jaffray downgraded SanDisk (NASDAQ: SNDK) from Overweight to Neutral with a price target of $86.50 (from $69.00) after the company agreed to be acquired by WDC for $86.50/share.

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 $76.78 yesterday.



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