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0.00187253983130268 0.00149953139643858 0.00131208997188379 0.00826241799437681 0.0153177132146204 0.0179006560449859 0.01630740393627 0.009278350515464
Stock impact report

Western Digital stock rises after Deutsche Bank upgrade [MarketWatch]

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: MarketWatch
Western Digital stock rises after Deutsche Bank upgrade Shares of Western Digital Corp. WDC, +2.85% are rising in premarket trading Tuesday following another analyst upgrade. Deutsche Bank's Sidney Ho raised his rating on the stock to buy from hold on Tuesday, a day after Longbow Research also bumped his rating up to buy from neutral. "We are starting to observe favorable data points in both HDD and NAND that will support a solid 2H CY19 recovery for WDC's earnings," wrote Deutsche Bank's Ho. "On the upcoming earnings call, we expect WDC management to highlight the improved visibility, which should be a positive catalyst for the stock." He raised his price target to $60 from $45 in conjunction with the upgrade. WDC shares are up 2.2% in premarket trading. They've climbed 37% over the past three months, as the S&P 500 SPX, +0.33% has risen 11%. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here. Show less Read more
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