Western Digital (WDC) Reports In-Line Q1 EPS
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October 29, 2015 8:10 AM EDT
BMO Capital reiterated an Outperform rating on Western Digital Corp. (NASDAQ: WDC), and cut the price target to $77.00 (from $92.00), following the company's 1Q16 earnings results. WDCs results were in line with its pre-announcement, though guidance was below expectations. Analyst Keith Bachman questions... More
October 29, 2015 7:35 AM EDT
Mehdi Hosseini, analyst from Susquehanna, believes the SandDisk (NASDAQ: SNDK) deal continues to generate some degree of skepticism/confusion around pro forma earnings power and is suggesting people use recent weakness as a buying opportunity in Western Digital (NASDAQ: WDC). That said, after taking HGST integration and Unis dilution into account he revised his 2018 earnings estimate from $14 to $13-$14. Details on this call... More
