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Fly News Breaks for January 31, 2020
WDC
Jan 31, 2020 | 08:39 EDT
Deutsche Bank analyst Sidney Ho raised his price target for Western Digital to $85 from $80 saying the company reported strong results and is now expecting an acceleration in flash gross margins in the first half of 2020. The analyst believes strong demand and rising flash pricing provides upside potential for Western Digital through 2020. He keeps a Buy rating on the shares.