Western Digital (WDC): Staying On the Sidelines - BMO

BMO Capital analyst, Tim Long, reiterated his Outperform rating on shares of Western Digital (NASDAQ: WDC) after attending the company's first analyst day in four years. The takeaways were positive, but he remains on the sidelines due to HDD market declines, the high cost of debt, and mixed revenue growth opportunities in SSD.

No change to the price target of $66.

For an analyst ratings summary and ratings history on Adobe click here. For more ratings news on Adobe click here.

Shares of Adobe closed at $101.55 yesterday.

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