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Fly News Breaks for October 22, 2015
SNDK, WDC
Oct 22, 2015 | 06:26 EDT
UBS analyst John Roy upgraded Western Digital (WDC) to Neutral following the company's "well-structured deal" to acquire SanDisk (SNDK). The analyst raised his earnings power for the company and sees a "number of positives" from the acquisition. He upped his price target for shares to $75 from $67.
News For WDC;SNDK From the Last 2 Days
WDC
Apr 18, 2024 | 06:40 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.
