SanDisk (SNDK) Approaches 52-Week High
By Daniel James Hayden IV
March 01, 2010 11:41 AM
March 01, 2010 11:41 AM
Symbols: SNDK
Posted in: Long Ideas, News, Upgrades, Price Target, Markets, Analyst Ratings, Movers, Tech, Trading Ideas
The shares of SanDisk Corporation (Nasdaq: SNDK) are up 8% Monday morning, after being upgraded by Wedbush Morgan from Underperform to Neutral.
Wedbush Morgan also raised the price target for SanDisk from $25 to$32.
The stock closed at $29.15 the previous trading.
It opened Monday trading at $29.85 and climbed as high as $31.73 before leveling off around $31.40.
The stock is approaching its 52-week high of $32.08.
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