SanDisk Announces First Quarter 2015 Results
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Drexel Hamilton Downgrades SanDisk (SNDK) to Sell
April 17, 2015 8:11 AM EDTDrexel Hamilton downgraded SanDisk (NASDAQ: SNDK) from Hold to Sell with a price target of $60.00.
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 $67.91 yesterday.
... MoreBTIG Downgrades SanDisk (SNDK) to Sell
April 16, 2015 8:46 AM EDTBTIG downgraded SanDisk (NASDAQ: SNDK) from Neutral to Sell with a price target of $47. The change follows weak Q1 results and guidance. Analyst Walter Piecyk said he was... More
Piper Jaffray Keeps 'Overweight' on Sandisk (SNDK) Despite Weak Numbers; Est., PT Lowered
April 16, 2015 8:25 AM EDTPiper Jaffray analyst Ruben Roy lowered estimates and his price target on SanDisk (NASDAQ: SNDK) to $74.00 (from $82.00) following weak results but maintained an Overweight rating.
Roy commented, "We remain OW rated on SNDK as we believe reset expectations likely limit downside in... More
Citi Downgrades SanDisk (SNDK) to Neutral
April 16, 2015 7:49 AM EDTCiti downgraded SanDisk (NASDAQ: SNDK) from Buy to Neutral.
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 $71.12 yesterday.
... MoreSusquehanna Downgrades SanDisk (SNDK) to Neutral
April 16, 2015 7:45 AM EDTSusquehanna downgraded SanDisk (NASDAQ: SNDK) from Positive to Neutral with a price target of $60.00 (from $98.00).
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 $71.12 yesterday.
... MoreCredit Suisse Downgrades SanDisk (SNDK) to Neutral
April 16, 2015 7:20 AM EDTCredit Suisse downgraded SanDisk (NASDAQ: SNDK) from Outperform to Neutral with a price target of $65.00 (from $75.00) following Q1 results. The analyst said strategic value doesn't offset strategy and execution uncertainty.
Analyst J. Pitzer said, "We remain bullish on the memory sector - consolidation, slowing... More
Raymond James Downgrades SanDisk (SNDK) to Market Perform
April 16, 2015 6:46 AM EDTRaymond James downgraded SanDisk (NASDAQ: SNDK) from Outperform to Market Perform and removed its price target (prior $84.00).
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 $71.12 yesterday.
... MoreDeutsche Bank Downgrades SanDisk (SNDK) to Hold
April 16, 2015 6:44 AM EDTDeutsche Bank downgraded SanDisk (NASDAQ: SNDK) from Buy to Hold with a price target of $65.00 (from $80.00). The change follows Q1 results and guidance. Analyst Sidney Ho doesn't think there is a short term fix for the company's problems.
"SNDK gave a... More
UPDATE: Sandisk Corp. (SNDK) Q2, FY Revenue Guidance Falls Short
April 15, 2015 5:32 PM EDT(Updated - April 15, 2015 5:34 PM EDT)
Sandisk Corp. (NASDAQ: SNDK) sees Q2 revenue of $1.15-$1.22 billion vs consensus of 1.42 billion. It sees FY revenue of $5.4-$5.7 billion vs consensus of $6.15 billion. Client losses in SSD are seen hurting revenue.
... MoreSandisk Corp. (SNDK) Declares $0.30 Quarterly Dividend; 1.7% Yield
April 15, 2015 4:10 PM EDTSandisk Corp. (NASDAQ: SNDK) declared a quarterly dividend of $0.30 per share, or $1.2 annualized.
The dividend will be payable on May 26, 2015, to stockholders of record on May 4, 2015, with an ex-dividend date of April 30, 2015.
The annual yield on the dividend is 1.7 percent.
For... More
Sandisk Corp. (SNDK) Misses Q1 EPS by 4c
April 15, 2015 4:06 PM EDTSandisk Corp. (NASDAQ: SNDK) reported Q1 EPS of $0.62, $0.04 worse than the analyst estimate of $0.66. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.31 billion.
NEWS HIGHLIGHTS
SanDisk launched a new category of Big Data... More