UPDATE: Sandisk Corp (SNDK) Boosts FY Margin Guidance

SanDisk (SNDK) Remains Neutral Rated at Goldman Sachs Despite Strong Q1 Report

Goldman 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

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

SanDisk (SNDK) PT, Estimates Lifted at Jefferies Post Q1

Jefferies 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

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

Sandisk Corp (SNDK) Tops Q1 EPS by 19c

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