Western Digital Corp. (WDC) PT Raised to $120 at Stifel; Reiterates Buy
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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 $105 at Deutsche Bank
April 28, 2017 8:55 AM EDTDeutsche Bank raised its price target on Western Digital Corp. (NASDAQ: WDC) to $105.00 (from $88.00) while maintaining a Buy rating.
... MoreWells Fargo Downgrades Western Digital Corp. (WDC) to Market Perform
April 28, 2017 8:17 AM EDTWells Fargo downgraded Western Digital Corp. (NASDAQ: WDC) from Outperform to Market Perform.
The analyst comments that demand should seasonally dissipate in H1 2018 and improved yields will likely impact NAND pricing which may limit EPS upside and multiple expansion.
For an analyst... 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
BofA/Merrill Lynch Upgrades Western Digital Corp. (WDC) to Buy
April 28, 2017 6:51 AM EDTBofA/Merrill Lynch upgraded Western Digital Corp. (NASDAQ: WDC) from Neutral to Buy.
For an analyst ratings summary and ratings history on Western Digital Corp. click here. For more ratings news on Western Digital Corp. click here.
Shares of Western Digital Corp. closed at $85.71 yesterday.
... MoreWestern Digital (WDC): Transitioning From Cyclical To Secular Growth Story - Susquehanna
April 28, 2017 6:24 AM EDTSusquehanna analyst, Mehdi Hosseini, reiterated his Positive rating on shares of Western Digital Corp. (NASDAQ: WDC) and raised his price target ~30% to $140 on the belief that the company is transitioning from being a cyclical component vendor to a secular growth story. The analyst... More
Wells Fargo Downgrades Western Digital Corp. (WDC) to Market Perform
April 28, 2017 6:23 AM EDTWells Fargo downgraded Western Digital Corp. (NASDAQ: WDC) from Outperform to Market Perform.
The analyst notes the downgrade is based upon expectations for demand to seasonally dissipate into H1 2018.
For an analyst ratings summary and ratings history on Western Digital... More
Western Digital Corp. (WDC) PT Raised to $120 at BTIG
April 28, 2017 6:11 AM EDTBTIG raised its price target on Western Digital Corp. (NASDAQ: WDC) to $120.00 (from $85.00) while maintaining a Buy rating.
Analyst Ed Parker tells clients that he sees a more stable ecosystems for supply going forward. He says "this is a secular growth... More
Western Digital Corp. (WDC) PT Raised to $105 at Mizuho Securities, Raises FY 2017/2018 EPS Estimates
April 28, 2017 4:56 AM EDTMizuho Securities raised its price target on Western Digital Corp. (NASDAQ: WDC) to $105.00 (from $92.00) while maintaining a Buy rating.
Analyst Vijay Rakesh believes HDD plus Flash model will position WDC well on the LT storage roadmap when combined with cost synergies. Rakesh... More
Morgan Stanley Upgrades Western Digital Corp. (WDC) to Overweight
April 28, 2017 4:51 AM EDTMorgan Stanley upgraded Western Digital Corp. (NASDAQ: WDC) from Equalweight to Overweight with a price target of $120.00 (from $81.00).
For an analyst ratings summary and ratings history on Western Digital Corp. click here. For more ratings news on Western Digital Corp. click here.
Shares of Western Digital Corp. closed at $85.71 yesterday.
... MoreAfter-Hours Stock Movers 04/27: (WDC) (GOOGL) (AMZN) Higher; (ATHN) (CLD) (SBUX) Lower (more...)
April 27, 2017 6:18 PM EDTToday's After-Hours Movers
Athenahealth (NASDAQ: ATHN) 16% LOWER; reported Q1 EPS of $0.32, $0.15 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $285.4 million versus the consensus estimate of $297.56 million. Lowers outlook
Cloud Peak Energy (NYSE: CLD) 15% LOWER; reported Q1 EPS of ($0.30), $0.26 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $195.7 million.
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
