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Enter Symbol:
 
Sandisk Corporation (SNDK) [hlAlert]

Rating:
Hold SNDK
down 69.84 %

Sandisk Corporation (SNDK) downgraded to Hold by Lazard Capital

Posted on: Tuesday,  Sep 9, 2008  9:25 AM ET by Lazard Capital

Lazard Capital rated Hold Sandisk Corporation (NASDAQ: SNDK) on 09/09/2008. Previously Lazard Capital rated Buy Sandisk Corporation (NASDAQ: SNDK) on 09/10/2007.,
when the stock price was $52.99. Since then, Sandisk Corporation has lost 69.84% as of 09/09/2008's recent price of $15.98.
If you would have followed the previous Lazard Capital's recommendation on SNDK, you would have lost 69.84% of your investment in 365 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.

Lazard Capital Markets’ research team is broadly recognized for its insight, thoroughness, and objectivity. Our goal is to help our clients make the best-informed decisions by providing timely, thoughtful analysis as well as access to company management teams and industry thought leaders. Our industry-focused analysts strive to identify emerging sector trends as well as bottom-up fundamental issues affecting their stocks under coverage. We add value by conducting extensive primary survey work, hosting proprietary events, cultivating industry contacts, and participating in relevant industry conferences.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/9/2008 9:25 AM Hold
None
15.98
as of 12/24/2008
1 Week up  5.39 %
1 Month up  31.37 %
3 Months up  32.93 %
1 YTD up  62.70 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/10/2007 11:25 AM Buy
None
52.99

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