sandisk

Rosenblatt analyst Kevin Cassidy relaunched coverage on Western Digital (NASDAQ:WDC), giving the stock a Buy and lowering the price target from $76 to $50 on Tuesday. Cassidy noted Western Digital’s spin-off of SanDisk, and the price target reflects 10 times the analyst’s adjusted EPS...

Western Digital Corp (NASDAQ: WDC)'s fiscal fourth-quarter earnings report contained a mixture of good and bad. While investors are focusing on the bad based on the stock's heavy selloff on Friday, BMO Capital Markets' Tim Long maintains an Outperform rating on Western Digital's stock with an...

Western Digital Corp (NASDAQ: WDC) reported a solid beat for the fourth quarter on Thursday, with EPS coming in at $2.93 and $4.84 billion in sales compared to the Street’s estimated $2.81 EPS and $4.81 billion in sales. The company also issued Q1 EPS guidance of $3.25–3.35 compared to...

Western Digital Corp (NASDAQ: WDC)’s battle with Toshiba over the sale of its chip business is set to come to a conclusion on Friday, but no matter how it comes down, Loop Capital Markets analyst Ananda Baruah sees a strong future ahead. Baruah initiated coverage on Western Digital shares...

Western Digital Corp (NASDAQ: WDC) is reaping the rewards of its SanDisk acquisition that not only helped the storage company deliver a blow-out quarter and solid guidance, but also keeps it a touch ahead of rival Seagate Technology PLC (NASDAQ: STX). Western Digital has acquired SanDisk in May...

On Tuesday, Western Digital Corp (NASDAQ: WDC) will host its first investor day since acquiring SanDisk in May, and Cowen and Company analyst Karl Ackerman said it's one investors “don’t want to miss.” Leading in, Ackerman maintains an Outperform rating and $70 price target for...

Toshiba Corp (USA) (OTC: TOSYY) boosted its earnings forecast for full-year 2016 to yen 34.25 a share on sales of yen 5.4 trillion. Following this, investors are likely keenly watching the consumer electronics space for a similar move from its peers. A few days back, Toshiba boosted its EPS outlook...

Longbow Research believes the current valuation of Western Digital Corp (NASDAQ: WDC) reflects too much risk to the company's highly-leverage balance sheet. Analyst Joe Wittine sees the combination of factors supporting the growth objectives in the near-term, such as achieving considerable...

Argus reiterated its Buy rating and $60 price target on Western Digital Corp (NASDAQ: WDC) after the company raised its first-quarter outlook on volume and mix improvements. Western Digital increased its first quarter non-GAAP EPS view to $1.00–$1.05 from earlier guidance of $0.80–$0.90...

A high cost outlook from Western Digital Corp (NASDAQ: WDC) led to an 11+ percent selloff in shares on Friday, despite strong fourth-quarter results from the maker of hard disk drives. Argus believes the "selloff following management's cautious 1Q17 guidance provides investors with a favorable...

Two of the so-called FANG stocks offered up disappointing quarterly results last week. The other two FANG stocks are on deck to share their latest results this week. Wall Street analysts continue to look for strong earnings growth from both of them. The so-called FANG stocks were the momentum...

Upcoming earnings highlights include the latest results from two automaker giants. Wall Street analysts are looking for strong earnings growth from both of them. However, estimates have been slipping for one and rising for the other. Expectations were already high for the latest earnings from...

Western Digital Corp (NASDAQ: WDC)'s planned acquisition of SanDisk Corporation (NASDAQ: SNDK) is now in the hands of Western Digital shareholders after Chinese state-backed holding group Unisplendour dropped out of the deal. Unis faced regulatory pressure from the Committee on Foreign...