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0.000966417008939337 0.00169122976564388 0.00169122976564388 0.0027784489007007 0.00422807441410979 0.00193283401787867 0.00628171055810577 0.00652331481034074
Stock impact report

Mizuho cuts Western Digital's target on NAND, SSD [Seeking Alpha]

Western Digital Corporation (WDC) 
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
Company Research Source: Seeking Alpha
Mizuho maintains a Neutral rating on Western Digital (NYSE: WDC ) and drops the target from $55 to $49. Analyst Vijay Rakesh joins the voices warning on NAND pricing. Rakesh: We continue to see challenges for WDC as NAND pricing continues to decline with seasonality, and challenges from handsets, tariffs and macro demand affect visibility.: The analyst says WDC faces slower datacenter spend with inventory headwinds and thinks supply and seasonality could drive further revenue and margin declines into 1H19 as SSD pricing declines. Source: Bloomberg First Word. Western Digital shares are   to $41.50. Previously: Micron -1.8% on Citi estimate cut (Dec. 10) See all stocks on the move » Now read: Your 50 Top S&P 500 Stocks For Yield, Gains, And Upside For December » Subscribe for full text news in your inbox Show less Read more
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