Cowen analyst Karl Ackerman said there was not much to dislike with Western Digital's Q2 report. The analyst said its result suggest the exit of a downturn and the entry of a recovery as demand fundamentals appear to be improving. He noted the company's execution int its core enterprise HDD business and said its remains one of his top three picks. Ackerman reiterated his Outperform rating and $88 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