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Fly News Breaks for April 2, 2015
SNDK
Apr 2, 2015 | 08:18 EDT
After SanDisk lowered its Q1 revenue forecast, Argus predicts that the company's EPS will drop 14%-15% in 2015 before rebounding to about 20% in 2016. The firm says that the declines in the stock more than reflect the challenges it faces. Argus keeps a Buy rating on the shares.
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