Susquehanna believes Western Digital's (WDC) acquisition of SanDisk (SNDK) will allow it to de-risk client SSD cannibalization of HDDs and perhaps even benefit from it. The firm said client SSDs carry a more favorable revenue per unit, gross margin percentage, and operating margins profile than client HDDs. Susquehanna reiterated its Positive rating and $85 price target on Western Digital shares.
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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