SanDisk (SNDK) PT Lifted to $90 at Needham & Company
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SanDisk (SNDK) PT, Estimates Lifted at Jefferies Post Q1
April 17, 2014 6:44 AM EDTJefferies analyst Sundeep Bajikar reiterated a Buy rating and bumped its estimate and price target on SanDisk (NASDAQ: SNDK) from $90 to $95 following strong Q1 results.
Bajikar said, "Strong results and guidance prove the relevance of the NAND spot market has diminished,... More
Piper Jaffray Assumes SanDisk (SNDK) at Overweight on 'Impressive' Q1
April 17, 2014 6:34 AM EDTPiper 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
UPDATE: Sandisk Corp (SNDK) Boosts FY Margin Guidance
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
Sandisk Corp (SNDK) Tops Q1 EPS by 19c
April 16, 2014 4:09 PM EDTSandisk 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
