Western Digital (WDC) PT Raised to $67 at Craig-Hallum

September 8, 2016 10:01 AM EDT
Get Alerts WDC Hot Sheet
Price: $56.52 +5.39%

Rating Summary:
    25 Buy, 9 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 17 | Down: 27 | New: 7
Trade WDC Now!
Join SI Premium – FREE

Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.

Craig-Hallum analyst Christian Schwab reiterated a Buy rating and bumped his price target on Western Digital Corp. (NASDAQ: WDC) to $67.00 (from $56.00) after the company raised Q1 guidance on Wednesday.

"We believe positively revising guidance with a month left in the quarter is uncharacteristically early and is an indication of the strength of mix and healthy pricing the company is experiencing," he said. "We expect these trends to continue through the rest of the year.

For an analyst ratings summary and ratings history on Western Digital Corp. click here. For more ratings news on Western Digital Corp. click here.

Shares of Western Digital Corp. closed at $53.30 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS View, Analyst PT Change

Add Your Comment