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.
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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