Western Digital to buy SanDisk in $19 billion deal
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Go back to Western Digital to buy SanDisk in $19 billion deal
October 22, 2015 8:45 AM EDT
RBC Capital reiterated an Underperform rating on Lam Research (NASDAQ: LRCX), and raised the price target to $56.00 (from $52.00), following the company's 1Q16 earnings results. Lam introduced CY16 WFE expectation of flat to down slightly, in line with consensus, but optimistic compared to our... More
October 22, 2015 8:24 AM EDT
UBS upgraded Western Digital Corp. (NASDAQ: WDC) from Sell to Neutral with a price target of $75.00 (from $67.00) following the deal to acquire SanDisk.
Analyst John Roy commented, "WDC's planned purchase of SanDisk would seem to have potential US regulatory and Toshiba... More
October 21, 2015 11:20 AM EDT
FBN Securities maintained a Sector Perform rating on Western Digital Corp. (NASDAQ: WDC) and lowered its price target to $80.00 (from $90.00). Analyst Shebly Seyrafi noted increased integration challenges given its deal to acquire Sandisk (NASDAQ: SNDK).
"This morning,... More
October 21, 2015 8:43 AM EDT
Jefferies reiterated a Buy rating on Western Digital Corp. (NASDAQ: WDC), and cut the price target to $111.00 (from $116.00), ahead of possible merger with Sandisk (NASDAQ: SNDK). Bloomberg has reported that WDC may acquire SNDK for... More
October 21, 2015 8:40 AM EDT
BTIG upgraded SanDisk (NASDAQ: SNDK) from Sell to Neutral.
For an analyst ratings summary and ratings history on SanDisk click here. For more ratings news on SanDisk click here.
Shares of SanDisk closed at $75.19 yesterday.
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