Sandisk (SNDK) Tops Q4 EPS by 37c

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Go back to Sandisk (SNDK) Tops Q4 EPS by 37c

Needham & Company Upgrades SanDisk (SNDK) to Buy; Sees 90% Chance of WDC Deal Closing

January 29, 2016 7:39 AM EST

Needham & Company upgraded SanDisk (NASDAQ: SNDK) from Hold to Buy with a price target of $78.00 as they put the likelihood of a deal with WDC consummating at 90%+.

Analyst Rajvindra Gill commented, "We are upgrading SNDK to a Buy with... More

Mizuho Securities Upgrades SanDisk (SNDK) to Buy

January 28, 2016 7:49 AM EST

Mizuho Securities upgraded SanDisk (NASDAQ: SNDK) from Neutral to Buy with a price target of $86.50.

Analyst Vijay Rakesh commented, "We are upgrading SNDK to a Buy. We do not see any fundamental reasons to owning SNDK given multiple headwinds with slowing handsets and... More

Susquehanna Upgrades SanDisk (SNDK) to Positive

January 28, 2016 7:13 AM EST

Susquehanna upgraded SanDisk (NASDAQ: SNDK) from Neutral to Positive with a price target of $86.50.

Analyst Mehdi Hosseini commented, "We are upgrading SNDK to Positive (from Neutral) as we believe the pullback in SNDK shares (and associated widening of deal spread) has presented an attractive Long opportunity predicated on increased confidence of a WDC/SNDK deal irrespective of whether the WDC/Unis deal closes in time or not. Conversely, we argue the risk/reward on the SHORT side is not attractive and SHORT sellers should be cognizant of core earnings power as... More