Needham & Company Downgrades SanDisk (SNDK) to Hold on Negative Pre-Announcement

Go back to Needham & Company Downgrades SanDisk (SNDK) to Hold on Negative Pre-Announcement

Drexel Hamilton Downgrades SanDisk (SNDK) to Hold

January 13, 2015 8:55 AM EST

Drexel Hamilton downgraded SanDisk (NASDAQ: SNDK) from Buy to Hold with a price target of $90.00 (from $130.00).

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 $83.57 yesterday.

... More

SanDisk (SNDK) PT Trimmed at Wedbush; Bullish Stance Maintained

January 13, 2015 7:19 AM EST

Wedbush analyst Betsy Van Hess lowered her price target on SanDisk (NASDAQ: SNDK) to $91.00 (from $94.00) following the company's negative pre-announcement yesterday but maintained a Outperform rating.

On the stock, Van Hess comments, "We have been cautious NT since the Q3... More

Cowen Affirms SanDisk (SNDK) at 'Market Perform'; Ability to Smooth Demand/Mix Discord Not What it Used to be

January 12, 2015 2:19 PM EST

Cowen and Company affirms SanDisk (Nasdaq: SNDK) at Market Perform with a price target of $95 following preliminary Q4 results issued earlier.

Analyst Timothy Arcuri wasn't expecting an outright miss from SanDisk. The analyst noted that company retail comments sounded similar to... More

SanDisk (SNDK) Buy Rating Maintained at Deutsche Bank

January 12, 2015 1:00 PM EST

Deutsche Bank reiterated a Buy rating on SanDisk (NASDAQ: SNDK) with a price target of $100. The stock declined earlier after lowering its Q4 revenue guidance to $1.73 billion. Gross margin is expected to decline to 45%, which implies EPS of $1.20-$1.25 vs consensus of $1.52, noted analyst Sidney Ho.

"Although SanDisk has a history of managing product mix well during business cycles, the... More

Piper Jaffray Maintains Bullish View on SanDisk (SNDK) Despite Lower Q4 Guidance

January 12, 2015 10:55 AM EST

Piper Jaffray analyst Ruben Roy trimmed his price target on SanDisk (NASDAQ: SNDK) to $105.00 (from $106.00) following the company's preannouncement but maintained a Overweight rating as they view the long-term (1+yrs) prospects for NAND positively.

Roy commented, "SNDK lowered 4Q14 revenue guidance to... More

SanDisk (SNDK) PT Cut to $105 at FBN Securities Following Preannouncement; 'Outperform' Maintained

January 12, 2015 10:20 AM EST

FBN Securities analyst Shebly Seyrafi lowered his price target on SanDisk (NASDAQ: SNDK) to $105.00 (from $120.00) but maintained a Outperform rating following the company's negative pre-announcements

Seyrafi commented, "We reiterate our Outperform rating on SNDK and lower our PT from $120 to $105 following the companys preannouncement this morning. The... More

Sandisk Corporation (SNDK) Warns on Q4 Revenue

January 12, 2015 8:09 AM EST

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today provided preliminary revenue results for its fourth fiscal quarter ended December 28, 2014. The company estimates total revenue to be approximately $1.73 billion, lower than the previously forecasted revenue range of $1.80 billion to $1.85 billion. The lower revenue... More