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Stock Market & Financial Investment News

News Breaks
August 21, 2014
08:49 EDTSNDKSanDisk gross margins to get boost from FIO, says Sterne Agee
Sterne Agee expects SanDisk's gross margins to be boosted from the integration of the FIO Enterprise SSD unit, whose acquisition closed on July 23. The firm adds that the company's new Malaysia factory should drive its tax rate lower over time. Sterne Agee keeps a $125 price target and Buy rating on the shares.
News For SNDK From The Last 14 Days
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September 19, 2014
08:03 EDTSNDKInvenSense, NXP, RF Micro chips included in iPhone 6, iFixit reports
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September 15, 2014
07:19 EDTSNDKSNIA to hold a conference
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September 9, 2014
05:22 EDTSNDKToshiba, SanDisk start construction of Fab 2 facility at Yokkaichi, Japan
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September 8, 2014
10:06 EDTSNDKOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AIG (AIG) initiated with a Buy at Citigroup... Agilent (A) initiated with an Equal Weight at Morgan Stanley... Altisource Residential (RESI) initiated with a Neutral at JPMorgan... AngloGold (AU) initiated with an Overweight at JPMorgan... Arista Networks (ANET) initiated with an Outperform at FBN Securities... C1 Financial (BNK) initiated with a Buy at Wunderlich... Cherokee (CHKE) initiated with a Buy at Roth Capital... ContraFect (CFRXU) initiated with a Buy at Maxim... DRDGOLD (DRD) initiated with an Underweight at JPMorgan... Enable Midstream (ENBL) initiated with an Equal Weight at Morgan Stanley... Enservco (ENSV) initiated with an Outperform at Northland... GoPro (GPRO) initiated with an Outperform at FBN Securities... Gold Fields (GFI) initiated with an Overweight at JPMorgan... Gulfport Energy (GPOR) initiated with an Equal Weight at Morgan Stanley... Harmony Gold (HMY) initiated with a Neutral at JPMorgan... Illumina (ILMN) initiated with an Equal Weight at Morgan Stanley... LINN Energy (LINE) reinstated with an Outperform at Credit Suisse... LinnCo (LNCO) reinstated with an Outperform at Credit Suisse... Randgold (GOLD) initiated with a Neutral at JPMorgan... Rentrak (RENT) initiated with a Buy at Needham... Rice Energy (RICE) initiated with an Accumulate at KLR Group... SanDisk (SNDK) initiated with an Outperform at FBN Securities... Seadrill (SDRL) initiated with a Sell at Canaccord... Tesla (TSLA) initiated with an Outperform at FBN Securities... Thermo Fisher (TMO) initiated with an Overweight at Morgan Stanley... Waters (WAT) initiated with an Underweight at Morgan Stanley... Whiting Petroleum (WLL) initiated with an Equal Weight at Morgan Stanley.
08:08 EDTSNDKSanDisk initiated with an Outperform at FBN Securities
Target $120.

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