Sandisk Corp (SNDK) Tops Q2 EPS by 29c

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SanDisk (SNDK) 'Knocks the Cover Off the Ball' in Q2 - Needham & Company

July 18, 2013 10:34 AM EDT

Needham & Company reiterated a Buy rating and raised its price target on SanDisk (NASDAQ: SNDK) from $75 to $80 after the company 'knocks the cover off the ball' in Q2.

Analyst Rajvindra S. Gill weighs in: "SNDK knocked the cover off the ball in the second quarter, highlighted by non-GAAP gross margin that increased 620bps Q/Q, and EPS that was nearly $0.30 above consensus. 3Q revenue and gross margin guidance also topped our estimates, guiding... More

RBC Capital Ratchets Up Price Objective on SanDisk (SNDK) on Strong Q2

July 18, 2013 7:09 AM EDT

RBC Capital boosted its price target on Outperform-rated SanDisk (NASDAQ: SNDK) from $65 to $75 following strong Q2 results.

"SNDK reported strong results and raised key full year metrics materially," analyst Doug Freedman notes. "What's impressive is SNDK is doing this without... More

Morgan Stanley Downgrades SanDisk (SNDK) to Equalweight

July 18, 2013 6:57 AM EDT

Morgan Stanley downgraded SanDisk (NASDAQ: SNDK) from Overweight to Equalweight.

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 $59.44 yesterday, with a 52 week range of $32.08-$63.73.... More

Sandisk Corp (SNDK) halted ahead of earnings

July 17, 2013 4:02 PM EDT

Sandisk Corp (NASDAQ: SNDK) halted ahead of earnings... More