SanDisk price target raised to $123 from $97 at Pacific Crest Pacific Crest increased its price target on SanDisk as the firm expects the company's margins to be boosted by the transition to SSDs. The firm thinks the stock could be lifted by positive capital allocation news and multiple expansion. It keeps an Outperform rating on the shares.
SanDisk upgraded to Buy from Neutral at Goldman Goldman Sachs upgraded SanDisk to Buy saying the weakening in the yen will likely be a positive for margins in 2015. Goldman raised its price target for shares to $106 from $87.