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Fly News Breaks for March 14, 2016
SNDK, WDC
Mar 14, 2016 | 08:53 EDT
Jefferies analyst James Kisner lowered his price target for Western Digital (WDC) to $65 from $77 as he believes investor concerns around NAND and the pending acquisition of SanDisk Corporation (SNDK) are likely to remain an overhang on valuation. Kisner has a Buy rating on the shares.