SanDisk Announces 48 Layer 3D NAND

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Cowen Lowers PT on SanDisk (SNDK) to $80 Following Q1 Warning; Maintains 'Market Perform' Rating

March 26, 2015 10:37 AM EDT

Cowen and Company lowers estimates on SanDisk (Nasdaq: SNDK) following a negative Q1 preannouncement made earlier on the session. The firm maintains a Market Perform rating on SanDisk, but trims its price target from $85 to $80.

Analyst Tim Arcuri noted is trimming estimates.... More

Sandisk Corp. (SNDK) Issues Q1 Warning

March 26, 2015 6:01 AM EDT

Sandisk Corp. (Nasdaq: SNDK) announced that it expects its revenue for the first fiscal quarter, which will end on March 29, 2015, to be approximately $1.3 billion, depending on final sell-through results, compared to the previously forecasted revenue range of $1.40 billion to $1.45 billion.

*** The... More