Sandisk Corp (SNDK) Tops Q1 EPS by 19c
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SanDisk (SNDK) Remains Neutral Rated at Goldman Sachs Despite Strong Q1 Report
April 17, 2014 10:57 AM EDTGoldman Sachs maintained a Neutral rating on SanDisk (NASDAQ: SNDK) with a price target of $80.00. 2014 EPS estimates were raised to 2014E EPS to $5.55 from $5.50 on
higher margins. Analyst Mark Delaney noted improved margin but continues to have NAND... More
SanDisk (SNDK) PT Lifted to $90 at Needham & Company
April 17, 2014 7:17 AM EDTNeedham & 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
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
