Cowen analyst Karl Ackerman noted Western Digital has already pre-announced its June quarter and he said he sees modest upside to Street numbers for the September quarter. The analyst said despite expectations for a beat, he sees the stock bridled until the resolution of a court hearing on July 28. Ackerman reiterated his Outperform rating and $117 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