Buy Weakness in Western Digital (WDC) - Susquehanna
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BMO Capital Questions Western Digital's (WDC) Proposed Purchase of SNDK; Cuts Price Target to $77
October 29, 2015 8:10 AM EDTBMO 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
Western Digital (WDC) Reports In-Line Q1 EPS
October 28, 2015 5:14 PM EDTWestern Digital (NASDAQ: WDC) reported Q1 EPS of $1.56, in-line with the analyst estimate of $1.56. Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $3.27 billion.
"I am pleased with our execution and performance in the first fiscal quarter," said Steve... More
