SanDisk Corp (SNDK)

We initiate coverage of the shares of Sandisk (SNDK; $48.16) with an Equal-Weight post its separation from Western Digital (WDC; $49.07; O/P) on Monday (2/24) to once again be a publicly traded company; although WDC…

This morning, we attended Sandisk’s inaugural Investor Day in New York City ahead of its pending separation from Western Digital (WDC; $69.13; O/P) as a publicly traded company under the stock symbol SNDK. We note…