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

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Mizuho Securities Raises Price Target as Western Digital (WDC) Releases SepQ Pre-Announcement

September 7, 2016 5:05 PM EDT

Mizuho 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 EDT

Baird 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 EDT

RBC 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

FBN Lifts PT on Western Digital (WDC) to $55 Amid Positive Q1 Preannouncement

September 7, 2016 9:51 AM EDT

FBN Securities boosts its price target on Outperform-rated Western Digital (Nasdaq: WDC) from $50 to $55 following increased Q1 guidance issued earlier Wednesday.

Analyst Shebly Seyrafi commented today, We retain our Sector Perform rating on WDC and raise our PT from $50 to $55 following its positive preannouncement for FQ1/Sept. made today before the... More

Western Digital (WDC) Boosts Q1 Outlook

September 7, 2016 7:01 AM EDT

Western 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