Western Digital would consider Japan partners for Toshiba chip unit bid

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Stifel Reiterates Buy Rating and $105 PT on Western Digital (WDC); Talks with Apple (AAPL) & Japanese Gov't Backed Funds for Toshiba Memory Assets

April 20, 2017 8:22 AM EDT

Stifel reiterates Buy rating and $105 PT on Western Digital Corp. (NASDAQ: WDC) providing an update on the Toshiba Memory sales process.

Analyst Aaron Rakers notes WDC has been in discussion with Japanese government-backed investment funds to structure a collaborative offer, while also... More