« 2Q U.S. GDP number disappoints, Fri., July 28, 2006, 8:47 AM | Main | Altria outlook improves, Fri., July 28, 2006, 10:07 AM »
July 28, 2006
More differing views on SanDisk, Fri., July 28, 2006, 9:14 AM
Two Wall Street giants have widely different views on SanDisk, according to reports they issued this week.
Morgan Stanley increased the 2006 portion of their 2006/2007 eps estimates for SNDK from $2.05/$2.65 to $2.20/$2.65. They set no target and rated the stock unchanged at "In-Line".
Merrill Lynch, interestingly, has lower estimates, and even lowered those this week, but reiterates a Buy Rating, as well as a $74 target for the next 12-months. ML's 2006/2007 eps estimates for SNDK were lowered from $1.70/$2.30 to $1.62/$2.10.
Download Morgan Stanley July 24 SNDK report.
Download Merrill Lynch July 25 SNDK report.
SanDisk Corp. [GICS 45, Cara 100]
(SNDK: Yahoo Finance file)
(SNDK: StockChart chart)
(SNDK: Investertech chart)
(SNDK: ADVFN Financial Data)
(SNDK: ADVFN Financial Data)
Posted by Posted by Bill Cara on July 28, 2006 09:14:27 AM | Category: 45 Info Technology , Cara Global 100 Best Companies