Needham & Company Reiterates Strong Buy as Western Digital (WDC) Reports 4Q Results
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Western Digital (WDC): Higher Than Expected OpEx on 1x Charges Sets a Low Bar - Stifel
July 29, 2016 7:31 AM EDTStifel analyst, Aaron Rakers, reiterated his Buy rating on shares of Western Digital Corp. (NASDAQ: WDC) but is tempering his forward non-GAAP EPS expectations following WDCs F4Q16 results and F1Q17 guide. The analyst believes the companys new post-SanDisk disclosures will result in a lot of investor questions but his long-term positive thesis is unchanged. This will be the first quarter... More
Baird Upgrades Western Digital Corp. (WDC) to Outperform
July 29, 2016 6:41 AM EDTBaird 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
Western Digital (WDC) Tops Q4 EPS by 8c
July 28, 2016 4:18 PM EDTWestern Digital (NASDAQ: WDC) reported Q4 EPS of $0.79, $0.08 better than the analyst estimate of $0.71. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.45 billion.
Fiscal 2016 was a transformative year for our company and we are pleased by our customers... More
Trading Radar for 7/28: Alphabet (GOOG), Amazon (AMZN), Ford (F), Baidu (BIDU), MasterCard (MA) Report
July 27, 2016 2:49 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
ACI Worldwide, Inc. (Nasdaq: ACIW) - consensus loss $0.04
ARIAD Pharma (Nasdaq: ARIA) - consensus loss $0.11
Acorda Therapeutics (Nasdaq: ACOR) - consensus EPS $0.18
Agenus (Nasdaq: AGEN) - consensus... More
