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Mizuho Securities Raises Price Target as Western Digital (WDC) Releases SepQ Pre-Announcement

September 7, 2016 5:05 PM EDT

Mizuho Securities reiterated a Buy rating on Western Digital Corp. (NASDAQ: WDC), and raised the price target to $60.00 (from $54.00), following the company's September quarter pre-announcement. WDC raised its revenue and EPS expectations from $4.45B and $0.88 to $4.5B and $1.03, respectively.

Analyst Vijay... More