|Last Update: 05/17/13 - 4:00 PM EDT|
|YTD Performance: 34.53%|
|Previous Close: $58.52|
|52 Week Range: $30.99 - $59.96|
|Oustanding Shares: 243,368,566|
|Market Cap: 14,239,588,619|
|Qtr (06/13)||Qtr (09/13)||FY (12/13)||FY (12/14)|
|Number of Analysts||5||5||7||7|
|Growth Rate (Year over Year)||474.67%||154.76%||79.17%||13.60%|
SNDK - SanDisk Corp. 2013 Investor Day - 11AM
Some patterns in key sectors suggest a deeper correction.
Uptrends are good to note and trade against but also important to respect.
Shares of SNDK now seen reaching $75, according to Credit Suisse. Estimates also upped, given expected continued growth in the memory market. Outperform rating.
SNDK earnings estimates through 2014 were increased to reflect new guidance which included favorable price trends, said UBS. Price target goes to $65.
Shares of SNDK now seen reaching $70, according to Jefferies. Estimates also upped, as the company can expand its margins. Buy rating.
SNDK earnings estimates were increased to reflect favorable NAND trends, said Lazard. The company is likely to report better than expected earnings on April 17th, led by gross margins. Price target is now $67.
SNDK estimates were raised through 2014, Nomura said. Company ise seeing higher demand and is leveraged to a weaker Yen. Buy rating and new $60 price target.
Be selective in your trades as not all stocks are treated equally.
Shares of SNDK now seen reaching $58, according to Lazard. Estimates also upped, given a lower supply outlook in the memory market. Buy rating.