Srini Sundararajan

In a note out Wednesday morning, Summit Research analyst Srini Sundararajan delves into the major differences between Micron Technology, Inc. (NASDAQ: MU) and SanDisk Corporation (NASDAQ: SNDK), and why he favors Micron. Some of the key takeaways: Micron is Mainly a DRAM Player, Sandisk...

Veeco Instruments (NASDAQ: VECO) shares may be under pressure after Summit Research cut its price target from $30 to $25. Summit currently has a Sell rating on the stock. With shares currently trading at 41 times forward earnings, Summit questions "whether even 16x would be appropriate as...

Summit Research published a bullish report on Micron (NASDAQ: MU), which it maintained at Buy and a $46 price target. Analyst Srini Sundararajan uses the subtitle: “Can’t Make Stuff Fast Enough” and noted that Micron continues to boost its capital expenditure spending,...

Samsung Electronics' plan to boost in-house production of memory chips sent shares of Micron Technology (NASDAQ: MU) reeling Thursday, but one analyst said smart money should be buying. "Samsung is merely confirming a DRAM shortage," Summit's Srini Sundararajan said in a note...

Shares of KLA-Tencor (NASDAQ: KLAC) were down almost five percent following a seven percent earnings miss. “After the typical seasonal binge of orders in Jun Q for KLAC, there is a hangover period in CQ3 and KLAC will likely guide down (only once in last 10 years has the Sep Q been up)....

DealReport is out with a note commenting the cross-border merger of the two largest semiconductor equipment firms, Applied Materials (NASDAQ: AMAT) and Tokyo Electron. Summit Research Partners analyst Srini Sundararajan said Tokyo Electron is serious about making a deal. Commenting on Tokyo...

SanDisk (NASDAQ: SNDK) is expected to continue to show strong revenue and earnings growth when it posts results Wednesday, but some analysts say the stock is priced too richly. SanDisk traded Tuesday morning at $105.24 per share, down 0.3 percent. Its 52-week high is $106.93. "We got off...

Summit Research and Sterne Agee see buying opportunity in Micron Technology's (NASDAQ: MU) share pullback. "Opportunity To Load Up On MU" As Micron shares fell as much 3.8 percent in Wednesday's trading, Summit Research analyst Srini Sundararajan advised investors to "...