Morgan Stanley Downgrades SanDisk To Equalweight

Morgan Stanley downgraded

from Overweight to Equalweight. The price target for SanDisk has been lowered from $80.00 to $75.00. SanDisk shares have dropped 35.20 percent over the past 52 weeks, while the S&P 500 index has surged 8.07 percent in the same period. SanDisk shares fell 1.74 percent to $64.95 in pre-market trading.