Morgan Stanley Downgrades SanDisk (SNDK) to Equalweight
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October 22, 2015 8:03 AM EDT
Argus downgraded SanDisk (NASDAQ: SNDK) from Buy to Hold following the acquisition by Western Digital.
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 $76.78 yesterday.
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October 22, 2015 7:03 AM EDT
B. Riley 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 $76.78 yesterday.
...
More
October 22, 2015 6:38 AM EDT
Piper Jaffray downgraded SanDisk (NASDAQ: SNDK) from Overweight to Neutral with a price target of $86.50 (from $69.00) after the company agreed to be acquired by WDC for $86.50/share.
For an analyst ratings summary and ratings history on SanDisk... More
October 21, 2015 7:31 AM EDT
Western Digital® Corporation (NASDAQ: WDC) and SanDisk Corporation (NASDAQ: SNDK) today announced that they have entered into a definitive agreement under which Western Digital will acquire all of the outstanding shares of SanDisk for a combination of cash and stock. The offer values SanDisk common stock at $86.50 per share or a total equity value of approximately $19 billion, using a five-day volume weighted average price ending on October 20, 2015 of $79.60 per share of Western Digital common stock. If the previously announced investment in Western Digital by Unisplendour Corporation Limited closes... More
