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-0.000453995970449876 -0.00374172503118091 -0.00700374172503114 -0.0059291950494098 -0.00111292334260755 0.0136812817806773 0.0118775784323133 0.0129713134414276
Stock impact report

Western Digital (WDC) Is Considered a Good Investment by Brokers: Is That True? [Yahoo! Finance]

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: Yahoo! Finance
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Western Digital (WDC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Western Digital currently has an average brokerage recommendation (ABR) of 1.36, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 25 brokerage firms. An ABR of 1.36 approximates between Strong Buy and Buy. Of the 25 recommendations that derive the current ABR, 20 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 80% and 4% of all recommendations. Brokerage Recommendation Trends for WDC Broker Show less Read more
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