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Enter Symbol:
 
Sandisk Corporation (SNDK) [hlAlert]

Rating:
Sell SNDK
down 73.30 %

Sandisk Corporation (SNDK) downgraded to Sell with price target $14 by Citigroup

Posted on: Tuesday,  Jul 22, 2008  8:25 AM ET by Citigroup

Citigroup rated Sell Sandisk Corporation (NASDAQ: SNDK) on 07/22/2008, when the stock price was $14.11. Since
then, Sandisk Corporation has gained 274.56% as of 10/22/2015's recent price of $52.85.
If you would have followed this Citigroup's recommendation on SNDK, you would have lost 73.3% of your investment in 2648 days.

Sandisk Corporation designs, manufactures, and markets flash memory storage products that are used in a wide variety of electronic systems. The company have designed flash memory storage solutions to address the storage requirements of emerging applications in the consumer electronics and industrial/communications markets. Its products are used in a number of rapidly growing consumer electronics applications, such as digital cameras, personal digital assistants, portable digital music players,digital video recorders and smart phones.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/22/2008 8:25 AM Sell
None
14.11 14.00
as of 12/24/2008
1 Week down  -5.39 %
1 Month down  -31.37 %
3 Months down  -32.93 %
1 YTD down  -62.70 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/20/2008 8:25 AM Hold
None
22.00 27.00

(*) Stock Price at the time of the recommendation.
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