Western Digital (WDC) Tops Q4 EPS by 8c

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Go back to Western Digital (WDC) Tops Q4 EPS by 8c

Needham & Company Reiterates Strong Buy as Western Digital (WDC) Reports 4Q Results

July 29, 2016 8:20 AM EDT

Needham & Company reiterated a Strong Buy rating and $67.00 price target on Western Digital Corp. (NASDAQ: WDC) following the company's 4Q earnings report. WDC reported F4Q revenue of $3.5B in-line with the preannouncement, however EPS of $0.79, beat revised guidance by $0.07.

Analyst Richard Kugele... More

Baird Upgrades Western Digital Corp. (WDC) to Outperform

July 29, 2016 6:41 AM EDT

Baird upgraded Western Digital Corp. (NASDAQ: WDC) from Neutral to Outperform with a price target of $65.00 (from $50.00).

Analyst Tristan Gerra commented, "We are transitioning coverage of Western Digital to Baird's Semiconductor team. Our upgrade is predicated on strengthening NAND flash industry supply/demand... More