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Fly News Breaks for January 6, 2016
SNDK, WDC
Jan 6, 2016 | 07:21 EDT
Pacific Crest analyst Monika Garg calls Western Digital (WDC) her best idea for 2016. The company's pending acquisition of SanDisk (SNDK) "would create a formidable company" and bring significant earnings and cash flow generation, Garg tells investors in a research note. She remains a buyer of the stock with an Overweight rating.