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Fly News Breaks for April 28, 2016
WDC
Apr 28, 2016 | 07:45 EDT
Brean Capital said normalized fundamentals at Western Digital remain underappreciated. The firm said its valuation multiples remain depressed for various reasons, but they believe investors can own the shares and have the potential for appreciation up to $108 per shares. Brean Capital reiterated its Buy rating and lowered its price target to $108 from $120 on Western Digital shares.
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