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Fly News Breaks for July 25, 2017
WDC
Jul 25, 2017 | 08:12 EDT
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.