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Fly News Breaks for March 16, 2018
WDC
Mar 16, 2018 | 09:21 EDT
As reported previously, Baird analyst Tristan Gerra upgraded Western Digital to Outperform from Neutral based on stronger than expected memory trends. He saw a significant increase in contract pricing for DRAM, while NAND reductions were more muted than expected. Gerra raised his price target to $135 from $93 on Western Digital shares.