SanDisk (SNDK) Bullish Stance Reiterated at Needham & Company Post Q2
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
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
Odd Mix Leads to Strong Q2 Results for SanDisk (SNDK); Cowen Maintains at 'Market Perform'
July 17, 2014 7:43 AM EDTCowen and Company keeps SanDisk (Nasdaq: SNDK) at Market Perform with a price target of $90 following Q2 results.
Analyst Timothy Arcuri noted that the Q2 EPS beat from SanDisk was driven by an odd combination of much higher shipments (bits +31% Q/Q v our +15% due largely to a... 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) Guides Q3 Revenue Below Street
July 16, 2014 5:23 PM EDTSandisk Corp (NASDAQ: SNDK) sees Q3 adjusted gross margin of 47%-49%. It sees Q3 revenue of $1.68-$1.73 billion vs $1.74 billion expected.
... MoreSandisk Corp (SNDK) Guides Q3 Revs Below Expectations
July 16, 2014 5:22 PM EDTSandisk Corp (NASDAQ: SNDK) sees Q3 revs of $1.68 to $1.73 billion, with estimates at $1.74 billion.
... MoreSandisk 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.
... MoreSandisk Corp (SNDK) Declares $0.30 Quarterly Dividend; 1.1% Yield
July 16, 2014 4:05 PM EDTSandisk Corp (NASDAQ: SNDK) declared a quarterly dividend of $0.30 per share, or $1.2 annualized.
The dividend will be payable on August 25, 2014, to stockholders of record on August 4, 2014, with an ex-dividend date of July 31, 2014.
The annual yield on the dividend is 1.1 percent.
For... More
