FBN Lifts PT on Western Digital (WDC) to $55 Amid Positive Q1 Preannouncement
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Western Digital (WDC) PT Raised to $67 at Craig-Hallum
September 8, 2016 10:01 AM EDTCraig-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... More
Mizuho Securities Raises Price Target as Western Digital (WDC) Releases SepQ Pre-Announcement
September 7, 2016 5:05 PM EDTMizuho Securities reiterated a Buy rating on Western Digital Corp. (NASDAQ: WDC), and raised the price target to $60.00 (from $54.00), following the company's September quarter pre-announcement. WDC raised its revenue and EPS expectations from $4.45B and $0.88 to $4.5B and $1.03, respectively.
Analyst Vijay... More
Western Digital (WDC) PT Raised to $70 at Baird
September 7, 2016 10:47 AM EDTBaird analyst Tristan Gerra reiterated an Outperform rating and raised his price target on Western Digital Corp. (NASDAQ: WDC) to $70.00 (from $65.00) following the company's raised outlook.
Gerra commented, "Western Digital raised its F1Q17 revenue, gross margin and EPS guidance this morning,... More
Western Digital (WDC) PT Raised to $60 at RBC Capital Following Raised Outlook
September 7, 2016 10:04 AM EDTRBC Capital analyst Amit Daryanani reiterated an Outperform rating and boosted his price target on Western Digital Corp. (NASDAQ: WDC) to $60.00 (from $56.00) after the company pre-announced better than expected Q1 results.
Daryanani commented, "WDC positively pre-announced Sept-qtr results with upside to both... More
Seagate Technology (STX) Gains on Higher Guidance from Peer Western Digital
September 7, 2016 7:24 AM EDTSeagate Technology (NASDAQ: STX) is gaining 1.6% in pre-open trade on the back of higher Q1 guidance from peer Western Digital Corp. (NASDAQ: WDC), which is up 5%.
... MoreWestern Digital (WDC) Boosts Q1 Outlook
September 7, 2016 7:01 AM EDTWestern Digital Corp. (NASDAQ: WDC) updated its expectations for the first fiscal quarter of 2017 ending Sept. 30, 2016. Following the recent acquisition of SanDisk and the continued progress in integrating its WD and HGST subsidiaries, the company is addressing a larger number of customers with a broader portfolio of hard drive and flash storage products, leading to a better-than-expected product mix.
Enabled by ongoing strong execution, the... More
Western Digital (WDC): Tight Flash Market Is Here To Stay - Baird
September 7, 2016 6:31 AM EDTBaird analyst, Tristan Gerra, reiterated his Outperform rating on shares of Western Digital Corp. (NASDAQ: WDC) on the belief that NAND flash tightness could extend into next year, and positively impact Western Digital's Sandisk business.
The analyst believes that the tight NAND... More
