Western Digital (WDC) Misses Q2 EPS by 4c
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January 25, 2019 8:29 AM EST
Mizuho Securities analyst Vijay Rakesh lowered the price target on Western Digital Corp. (NASDAQ: WDC) to $47.00 (from $49.00) while maintaining a Neutral rating following the company's December quarter. WDC reported inline DecQ rev/EPS/GM at $4.2B/$1.45/31.3% (Cons $4.3B/$1.50/32.0%) and guided MarQ rev/EPS/GM... More
January 25, 2019 6:58 AM EST
Baird analyst Tristan Gerra lowered the price target on Western Digital Corp. (NASDAQ: WDC) to $50.00 (from $55.00) while maintaining a Outperform rating following the company's 2Q earnings report. Western Digital reported non-GAAP EPS of $1.45, at the low end of the guidance range of $1.45-$1.65.... More
January 25, 2019 6:54 AM EST
Citi analyst Jim Suva lowered the price target on Western Digital Corp. (NASDAQ: WDC) to $63.00 (from $75.00) while maintaining a Buy rating.
Key positives, according to Suva:
1) WDC did not miss its guidance range unlike many had expected. Reported December... More
January 25, 2019 6:52 AM EST
Susquehanna analyst Medhi Hosseini lowered the price target on Western Digital Corp. (NASDAQ: WDC) to $40.00 (from $44.00) while maintaining a Neutral rating. WDC's guide came in relatively inline with Susquehanna's below-consensus estimate. There are several moving parts to the story, which increases uncertainty,... More
