Sandisk Corp (SNDK) Guides Q3 Revenue Below Street
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SanDisk (SNDK) Price Target Lowered at Goldman Sachs
July 17, 2014 8:16 AM EDTGoldman Sachs maintained a Neutral rating on SanDisk (NASDAQ: SNDK) and reduced its price target to $100.00 (from $107.00). Yesterday SanDisk reported Q2 results that topped views but Q3 guidance was weak. Analyst Mark Delaney thinks supply constraints will limit sales growth.
"We estimate operating EPS including ESOs was $1.31, $0.06... More
SanDisk (SNDK) PT Raised at Jefferies; Don't Focus on Near-Term
July 17, 2014 8:15 AM EDTJefferies analyst Sundeep Bajikar reiterated a Buy rating and boosted its price target on SanDisk (NASDAQ: SNDK to $125.00 (from $118.00) following Q2 results.
Bajikar comments, "While some investors may struggle in the near term due to limited visibility into SanDisk's future product mix, we believe SanDisk's results and guidance... More
SanDisk (SNDK) Bullish Stance Reiterated at Needham & Company Post Q2
July 17, 2014 7:28 AM EDTNeedham & Company analyst Rajvindra Gill reiterated a Buy rating and $115 price target on SanDisk (NASDAQ: SNDK) following Q2 results, saying shares should reset after mixed guidance although the long-term outlook remains favorable.
SNDK nicely beat 2Q14 ests, but guided 3Q topline... More
SanDisk (SNDK) Post-Q2 Sell-Off an 'Overreaction' - BofA/Merrill Lynch
July 17, 2014 6:56 AM EDTBofA/Merrill Lynch analyst Simon Dong-je Woo reiterated a Buy rating and $125 price target on SanDisk (NASDAQ: SNDK) calling the 9% after-hours drop an "overreaction."
Woo said the drop was was likely due to the slight miss in 2Q results (GAAP EPS: actual $1.14 vs consensus $1.16). However,... More
SanDisk (SNDK) Favorable Trends Intact, Piper Jaffray Says
July 17, 2014 6:39 AM EDTPiper Jaffray analyst Ruben Roy reiterated an Overweight rating and $110 price target on SanDisk (NASDAQ: SNDK) following Q2 results and the subsequent 9% sell-off in the stock.
Roy weighs in, "We reiterate our OW rating on SNDK following 2Q14 earnings in which reported... More
Sandisk Corp (SNDK) Tops Q2 EPS by 2c
July 16, 2014 4:06 PM EDTSandisk Corp (NASDAQ: SNDK) reported Q2 EPS of $1.41, $0.02 better than the analyst estimate of $1.39. Revenue for the quarter came in at $1.63 billion versus the consensus estimate of $1.6 billion.
For earnings history and earnings-related data on Sandisk Corp (SNDK) click here.
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