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Fly News Breaks for January 16, 2020
Jan 16, 2020 | 05:16 EDT
Mizuho analyst Vijay Rakesh raised his price target for Western Digital to $75 from $64 and keeps a Buy rating on the shares. The analyst believes NAND trends should continue to improve as supply continues to be with lower. He expects sequential pickup in the company's gross margin going into 2020 from better pricing and mix.