Drexel Hamilton Downgrades SanDisk (SNDK) to Sell

BTIG Downgrades SanDisk (SNDK) to Sell

April 16, 2015 8:46 AM EDT

BTIG 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

Citi Downgrades SanDisk (SNDK) to Neutral

April 16, 2015 7:49 AM EDT

Citi 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.

... More

Susquehanna Downgrades SanDisk (SNDK) to Neutral

April 16, 2015 7:45 AM EDT

Susquehanna 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.

... More

Credit Suisse Downgrades SanDisk (SNDK) to Neutral

April 16, 2015 7:20 AM EDT

Credit 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 EDT

Raymond 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.

... More

Deutsche Bank Downgrades SanDisk (SNDK) to Hold

April 16, 2015 6:44 AM EDT

Deutsche 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.

... More

Sandisk Corp. (SNDK) Misses Q1 EPS by 4c

April 15, 2015 4:06 PM EDT

Sandisk 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