China's Tsinghua to buy Western Digital stake in U.S. tech push

Go back to China's Tsinghua to buy Western Digital stake in U.S. tech push

Western Digital (WDC) Investment by Unis 'Raises Interesting Possibilities', Says Benchmark

September 30, 2015 11:43 AM EDT

Benchmark maintained a Buy rating on Western Digital Corp. (NASDAQ: WDC) with a price target of $90. Earlier Wesern Digital announced Unis agreed to purchase newly issued Western Digital common stock at a price of $92.50 per share. In the view of analyst Mark Miller, the deal "raises... More