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Fly News Breaks for April 24, 2018
WDC, MU
Apr 24, 2018 | 05:54 EDT
Hynix reported its earnings overnight and noted DRAM supply demand could remain tight through 2018, Mizuho analyst Vijay Rakesh tells investors in a research note. Further, while Q2 tightness should ease, NAND could be significantly tighter in the second half of 2018 with channel inventory falling, the analyst adds. He sees "strong positive trends" for both Micron (MU) and Western Digital (WDC). Rakesh is a buyer of both stocks.
News For MU;WDC From the Last 2 Days
MU
Apr 18, 2024 | 16:26 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
MU
Apr 18, 2024 | 16:25 EDT
MU
Apr 18, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WDC
Apr 18, 2024 | 06:40 EDT
MU
Apr 17, 2024 | 19:24 EDT
WDC
Apr 17, 2024 | 06:21 EDT
BofA raised the firm's price target on Western Digital to $85 from $75 and keeps a Buy rating on the shares. The firm sees both the HDD and NAND businesses being close to the bottom of the cycle and sees a potential unlock of shareholder value as the company remains on track to split the HDD and NAND business in the second half of 2024.
