Wedbush Upgrades SanDisk (SNDK) to Outperform

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Stocks Crossing 50-Day SMA 10/15: (RF) (SNDK) (CSCO) Above; (EBAY) (DCTH) (HRS) Below

October 15, 2012 2:35 PM EDT

Crossing and above: Regions Financial Corp. (NYSE: RF) - up 1.2 percent. Moving higher with financials following strong Q3 reports from such names as Citigroup (NYSE: C) and JPMorgan (NYSE: JPM). Regions will report Q3 earnings on October 23rd.

SanDisk (Nasdaq:... More

Jefferies Lifts Numbers on SanDisk (SNDK), Gross Margin Upside Potential

October 15, 2012 7:27 AM EDT

Jefferies boosted estimates and its price target on Buy-rated SanDisk (NASDAQ: SNDK) from $46 to $51.

The analyst comments, "SNDK has rallied 30% off the bottom, and investor expectations have increased. We maintain our Buy rating for two reasons: 1) we continue to believe a... More