SanDisk (SNDK) PT, Estimates Lifted at Jefferies Post Q1
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Go back to SanDisk (SNDK) PT, Estimates Lifted at Jefferies Post Q1
April 17, 2014 7:17 AM EDT
Needham & Company analyst Rajvindra Gill reiterated a Buy rating and boosted his price target on SanDisk (NASDAQ: SNDK) from $83 to $90 following strong Q1 on better than expected gross margins.
Gill comments, "We are reiterating our Buy and increasing our PT to $90 from $83 following... More
April 17, 2014 6:34 AM EDT
Piper Jaffray assomes coverage on SanDisk (NASDAQ: SNDK) with a Overweight rating and takes its price target from $81 to $85 following "impressive" Q1 results after the close with results driven by SSD.
Analyst Ruben Roy comments, "SNDK reported 1Q14 revenues of $1.5bn and non-GAAP EPS... More
April 16, 2014 5:24 PM EDT
(Updated - April 16, 2014 5:38 PM EDT)
Sandisk Corp (NASDAQ: SNDK) gained post-market after updating margin guidance. Sandisk said it sees Q2 revenue of $1.55-$1.625 billion (consensus $1.58B). Q2 gross margin is seen at 47-49%. (consensus 47.5%)
Sandisk sees... More
April 16, 2014 4:09 PM EDT
Sandisk Corp (NASDAQ: SNDK) reported Q1 EPS of $1.44, $0.19 better than the analyst estimate of $1.25. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.49 billion.
We delivered record first quarter results, driven by 61 percent growth in our SSD revenue and strong retail... More
