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Enter Symbol:
 
Sandisk Corporation (SNDK) [hlAlert]

Rating:
Neutral SNDK
up 154.38 %

Sandisk Corporation (SNDK) upgraded to Neutral by Cowen & Co

Posted on: Monday,  Oct 27, 2008  9:25 AM ET by Cowen & Co

Cowen & Co rated Neutral Sandisk Corporation (NASDAQ: SNDK) on 10/27/2008. Previously Cowen & Co rated Underperform Sandisk Corporation (NASDAQ: SNDK) on
06/24/2008., when the stock price was $20.30. Since then, Sandisk Corporation has lost 60.69% as of 10/27/2008's recent price of $7.98.
If you would have followed the previous Cowen & Co's recommendation on SNDK, you would have gained 154.38% of your investment in 125 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.

Cowen and Company’s culture is rooted in the traditions of the research boutiques that once dominated the investment research landscape. Our primary focus is on two products: 1. Proprietary information flow, and 2. Good investment ideas We achieve the first objective with a combination of extensive primary research work, organized survey activity, and access to industry experts (i.e., opinion leaders in medicine, technology, and consumer industries). We believe that the best investment idea is a “Correct Non-Consensus Conclusion,” and a considerable amount of our energy is devoted to this pursuit. We spend as little time as possible on traditional maintenance research products.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2008 9:25 AM Hold
None
7.98
as of 12/24/2008
1 Week up  5.39 %
1 Month up  31.37 %
3 Months up  94.78 %
1 YTD up  62.70 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/24/2008 10:25 AM Sell
None
20.30
6/24/2008 9:25 AM Buy
None
20.53
8/3/2007 9:25 AM Hold
None
55.04

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