Jefferies Raises Price Target on Western Digital (WDC) to $75; Reiterates Buy

Pre-Open Stock Movers 10/27: (PRQR) (OCN) (TWTR) Higher; (CYH) (GNC) (RNWK) Lower (more...)

October 27, 2016 9:29 AM EDT

Today's Pre-Open Stock Movers

ProQR Therapeutics N.V. (Nasdaq: PRQR) 34% HIGHER; clinical study PQ-010-002, a proof-of-concept study of nasal potential difference (NPD), demonstrated that QR-010 restored CFTR function in a cohort of homozygous F508 cystic fibrosis (CF) patients. The study met its primary endpoint in this cohort as measured by a change in total chloride response following 4 weeks of treatment with QR-010. In the compound heterozygous F508 cohort, no meaningful difference was found. QR-010 was observed to be safe and well-tolerated in both cohorts.

Community Health Systems, Inc. (NYSE:... More

Susquehanna Remains Positive on Western Digital (WDC) - PT to $88

October 27, 2016 8:11 AM EDT

Susquehanna reiterated a Positive rating on Western Digital Corp. (NASDAQ: WDC), and raised the price target to $88.00 (from $80.00), following the company's 1Q earnings report.

Analyst Mehdi Hosseini commented, "WDC exceeded its own positive pre from Sep, and we came away encouraged by favorable... More

BofA/Merrill Lynch Upgrades Western Digital Corp. (WDC) to Neutral

October 27, 2016 7:20 AM EDT

BofA/Merrill Lynch upgraded Western Digital Corp. (NASDAQ: WDC) from Underperform to Neutral.

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 $56.52 yesterday.

... More

Western Digital (WDC): Results Even Higher Than Preannouncement - Needham

October 27, 2016 7:15 AM EDT

Needham & Company analyst, Richard Kugele, reiterated his Strong Buy rating on shares of Western Digital Corp. (NASDAQ: WDC) and raised his price target to $69 from $67 after WDC reported September quarter results considerably above its preannouncement range.

The analyst stated "We believe WDC is... More

After-Hours Stock Movers 10/26: (OCN) (CAKE) (FFIV) Higher; (RWLK) (GRPN) (AKS) Lower (more...)

October 26, 2016 6:26 PM EDT

Today's After-Hours Movers

Ocwen Financial (NYSE: OCN) 13% HIGHER; reported Q3 EPS of $0.08, $0.40 better than the analyst estimate of ($0.32). Revenue for the quarter came in at $359.45 million versus the consensus estimate of $353.08 million.

ReWalk Robotics Ltd. (Nasdaq: RWLK) 12.1% LOWER; announced that it intends to commence an underwritten public offering of units, which consist of ordinary shares of the Company and warrants to purchase ordinary shares. All of the units in the offering are to be sold by ReWalk. Announced preliminary estimated revenues of... More

Western Digital (WDC) Tops Q1 EPS by 13c

October 26, 2016 4:16 PM EDT

Western Digital (NASDAQ: WDC) reported Q1 EPS of $1.18, $0.13 better than the analyst estimate of $1.05. Revenue for the quarter came in at $4.7 billion versus the consensus estimate of $4.52 billion.

For earnings history and earnings-related data on Western Digital (WDC) click here.

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Trading Radar for 10/26: Comcast (CMCSA), Tesla (TSLA), Western Digital (WDC), F5 Networks (FFIV) Report

October 25, 2016 3:16 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

International Trade in Goods - no Street consensus

Earnings:

A.O. Smith (NYSE: AOS) - consensus EPS $0.45
AGCO Corp. (Nasdaq: AGCO) - consensus EPS $0.36
AVX Corp. (NYSE: AVX) - consensus EPS $0.17
AllianceBernstein (NYSE: AB) - consensus EPS $0.43
Ally Financial (NYSE: ALLY) -... More