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Sandisk Corporation (SNDK) [hlAlert]

Rating:
Neutral SNDK

Sandisk Corporation (SNDK) rated Neutral with price target $27 by JP Morgan

Posted on: Friday,  Jan 29, 2010  9:25 AM ET by JP Morgan

JP Morgan rated Neutral Sandisk Corporation (NASDAQ: SNDK) on 01/29/2010. Previously JP Morgan rated Buy Sandisk Corporation (NASDAQ: SNDK) on 07/18/2007.,
when the stock price was $55.95. Since then, Sandisk Corporation has lost 63.90% as of 03/20/2008's recent price of $20.20.
If you would have followed the previous JP Morgan's recommendation on SNDK, you would have lost 63.89% of your investment in 246 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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2010 9:25 AM Hold
None
27.17 27.00
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2008 8:25 AM Hold
None
20.20
7/18/2007 9:25 AM Buy
None
55.95

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