Sandisk Corp. (SNDK) Maintains FY15 Revenue Guidance
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SanDisk's (SNDK) Price Target Raised to $85 at FBN Securities
July 23, 2015 2:56 PM EDTFBN Securities maintained an Outperform rating on SanDisk (NASDAQ: SNDK) and raised its price target to $85.00 (from $75.00). The change follows strong Q2 results.
Analyst Shebly Seyrafi said, "SNDK reported a good FQ2 quarter relative to diminished expectations, and we now see... More
SanDisk (SNDK) Price Target Raised to $81 at Pacific Crest Following Q2 'Beat'
July 23, 2015 10:05 AM EDTPacific Crest maintained an Overweight rating on SanDisk (NASDAQ: SNDK) and raised its price target to $81.00 (from $75.00), the second highest price target on the Street. The change follows strong Q2 results. Analyst Monika Garg tied the beat to "big margin upside."
"In line with our preview, SanDisk posted a big beat due to significant margin upside," said Garg. "SanDisks retail and enterprise revenue were better than expectations, which benefited margins. The company... More
BofA/Merrill Lynch Upgrades SanDisk (SNDK) to Buy
July 23, 2015 8:17 AM EDTBofA/Merrill Lynch upgraded SanDisk (NASDAQ: SNDK) from Neutral to Buy with a price target of $75.00.
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 $54.18 yesterday.
... MoreSandisk Corp. (SNDK) Tops Q2 EPS by 33c
July 22, 2015 4:09 PM EDTSandisk Corp. (NASDAQ: SNDK) reported Q2 non-GAAP EPS of $0.66, $0.33 better than the analyst estimate of $0.33. EPS was down from $1.41 last year. Revenue for the quarter fell 24% from last year to $1.24 billion, but beat the consensus estimate of $1.2 billion.
Non-GAAP operating income in the quarter... More
