Western Digital Announces Financial Results for Third Fiscal Quarter 2017
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Western Digital Corp. (WDC) PT Raised to $120 at Stifel; Reiterates Buy
April 28, 2017 9:17 AM EDTStifel raised its price target on Western Digital Corp. (NASDAQ: WDC) to $120.00 (from $105.00) while maintaining a Buy rating. WDC reported strong F3Q17 results and an even stronger forward outlook. WD expects 4Q revenue at approximately $4.8 billion, solidly above Stifel's prior $4.638B estimate and... More
Western Digital Corp. (WDC) PT Raised to $115 at Cowen
April 28, 2017 9:10 AM EDTCowen raised its price target on Western Digital Corp. (NASDAQ: WDC) to $115.00 (from $90.00) while maintaining a Outperform rating. Revenues and EPS of $4.65B and $2.39 came in a quarter above the Street as previewed.
Analyst Karl Ackerman sees room for an upside in 2017, and... More
Western Digital Corp. (WDC) PT Raised to $138 at Needham & Company
April 28, 2017 8:10 AM EDTNeedham & Company raised its price target on Western Digital Corp. (NASDAQ: WDC) to $138.00 (from $100.00) while maintaining a Strong Buy rating.
Analyst Richard Kugele commented, "Favorable trends across all of their markets (stable HDD and healthy demand and pricing for NAND) drove an... More
Western Digital (WDC) Tops Q3 EPS by 25c
April 27, 2017 4:11 PM EDTWestern Digital (NASDAQ: WDC) reported Q3 EPS of $2.39, $0.25 better than the analyst estimate of $2.14. Revenue for the quarter came in at $4.6 billion versus the consensus estimate of $4.57 billion.
"We reported strong financial performance in the March quarter, enabled by excellent operational... More
