UPDATE: Summit Insights Upgrades Western Digital Corp. (WDC) to Buy, Sees Storage Fundamentals Continuing to Improve Through 2021
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Western Digital Corp. (WDC) PT Raised to $68 at Wedbush
January 29, 2021 6:50 AM ESTWedbush analyst Matt Bryson raised the price target on Western Digital Corp. (NASDAQ: WDC) to $68.00 (from $60.00) while maintaining a Outperform rating.... More
UPDATE: Evercore ISI Upgrades Western Digital Corp. (WDC) to Outperform
January 29, 2021 6:13 AM EST(Updated - January 29, 2021 6:46 AM EST)
Evercore ISI analyst C.J. Muse upgraded Western Digital Corp. (NASDAQ: WDC) from In Line to Outperform.
The analyst comments "Obviously we would have loved to call the actual August 2020 bottom but we think there is still meaningful upside ahead. To this end, we are raising our rating to Outperform and increasing our price target to $80 from $52 suggesting ~40% upside vs. after-market trading... More
Western Digital Corp. (WDC) PT Raised to $63 at Barclays
January 29, 2021 6:00 AM ESTBarclays analyst Tim Long raised the price target on Western Digital Corp. (NASDAQ: WDC) to $63.00 (from $46.00) while maintaining a Equalweight rating.... More
Western Digital Corp. (WDC) PT Raised to $65 at Mizuho Securities
January 29, 2021 4:58 AM ESTMizuho Securities analyst Vijay Rakesh raised the price target on Western Digital Corp. (NASDAQ: WDC) to $65.00 (from $59.00) while maintaining a Buy rating.... More
Western Digital Corp. (wdc) PT Raised to $55 at Rosenblatt
January 29, 2021 4:57 AM ESTRosenblatt analyst Kevin Cassidy raised the price target on Western Digital Corp. (NASDAQ: wdc) to $55.00 (from $49.00) while maintaining a Neutral rating.... More
UPDATE: Western Digital (WDC) Tops Q2 EPS by 15c, Revenues Beat; Offers 3Q EPS/Revenue Guidance
January 28, 2021 4:03 PM EST(Updated - January 28, 2021 4:04 PM EST)
Western Digital (NASDAQ: WDC) reported Q2 EPS of $0.69, $0.15 better than the analyst estimate of $0.54. Revenue for the quarter came in at $3.94 billion versus the consensus estimate of $3.88 billion.
News Summary
Second quarter revenue was $3.9 billion, down 7% year-over-year (YoY). Client Devices revenue increased 19%, Data Center Devices and Solutions revenue declined... MoreWestern Digital (WDC) Gains 4%
January 27, 2021 11:55 AM ESTWestern Digital (NASDAQ: WDC) gains 4% intra-day. Appears to be moving with STX.
... MoreWestern Digital (WDC) call put ratio 8.8 calls to 1 put into quarter results
January 27, 2021 11:02 AM ESTWestern Digital (NASDAQ: WDC) January weekly call option implied volatility is at 125, February is at 62; compared to its 52-week range of 37 to 138 into the expected release of quarter results after the bell on January 28. Call put ratio 8.8 calls to 1 put.
... More
