WDC - This Western Digital Analyst Expects 2Q Earnings At High End Of Guidance: 'Risk-Reward Is Attractive' | Benzinga
Shares of Western Digital Corp (NASDAQ: WDC) climbed in early trading on Tuesday, along with other stocks that received forecast revisions by top analysts.
The San Jose, California-based company’s is likely to report its fiscal second-quarter results at the high end of guidance, given the faster-than-expected improvement in NAND pricing since October, according to Deutsche Bank.
The Western Digital Analyst: Sidney Ho upgraded the rating for Western Digital from Hold to Buy, while raising the price target from $45 to $65.
The Western Digital Thesis: No regulatory approval is required for the company’s spin-off of ...