SanDisk Company Introduces Breakthrough USB three. Flash Drives

SanDisk Company Introduces Breakthrough USB three. Flash Drives

SanDisk Company (NASDAQ:SNDK), a world leader in flash storage answers, today introduced two new, USB three. flash drives – the 128GB* SanDisk Ultra Fit™ USB three. Flash Push, the world’s smallest USB three. and the 256GB SanDisk Ultra® USB three. Flash Push, SanDisk’s maximum capacity USB flash push to-date. The new offerings boost SanDisk’s award-successful USB line-up with remarkable capacities and effectiveness, providing speeds up to 10 times more quickly than a typical USB 2. drive1. With these higher capacities, people can now help save much more of their beloved films, images and songs on their laptops, TVs, gaming consoles or other enjoyment units. (First Resource)

Shares of SanDisk Corp opened today at $sixty eight.96 and are presently buying and selling down at $sixty eight.445. SNDK has a one-calendar year higher of $108.seventy seven and a one-calendar year low of $sixty three. The stock’s fifty-day relocating normal is $sixty seven.seventy four and its two hundred-day relocating normal is $81.forty four.

On the rankings front, SanDisk has been the matter of a amount of modern analysis reports. In a report issued on May well 22, Cowen analyst Timothy Arcuri preserved a Keep ranking on SNDK, with a price tag concentrate on of $70, which represents a slight upside opportunity from existing concentrations. Independently, on the same day, Mizuho’s Vijay Rakesh assigned a Keep ranking to the stock and has a price tag concentrate on of $seventy four.

According to, which ranks about seven,five hundred monetary analysts and bloggers to gauge the effectiveness of their previous tips, Timothy Arcuri and Vijay Rakesh have a total normal return of 17.three% and 36.2% respectively. Arcuri has a accomplishment level of sixty six.% and is rated #169 out of 3610 analysts, when Rakesh has a accomplishment level of seventy and is rated #18.

In total, 2 analysis analysts have rated the stock with a Offer ranking, 9 analysis analysts have assigned a Keep ranking and 8 analysis analysts have specified a Get ranking to the stock. When taking into consideration if most likely the stock is below or overvalued, the normal price tag concentrate on is $sixty nine.92 which is one.4% previously mentioned in which the stock opened today.

SanDisk Corp types, develops and manufactures data storage answers applying flash memory, proprietary controller and firmware systems.


Leave a Reply

Your email address will not be published.