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Fly News Breaks for June 26, 2019
MU, WDC
Jun 26, 2019 | 09:08 EDT
As previously reported, Craig-Hallum analyst Christian Schwab upgraded Western Digital (WDC) to Buy from Hold following Micron's (MU) positive commentary and announced steps targeting supply growth discipline. The analyst notes that on Micron's earnings call, the company stated it is beginning to see signs of improvement with the NAND industry benefiting from price elasticity kicking in. Schwab also raised his price target on Western Digital's shares to $54 from $49.
News For WDC;MU From the Last 2 Days
MU
Apr 18, 2024 | 16:26 EDT
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MU
Apr 18, 2024 | 16:25 EDT
MU
Apr 18, 2024 | 12:00 EDT
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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.
