BUZZ- Western Digital shares rise after co gives guidance

Reuters
01-18
BUZZ- Western Digital shares rise after co gives guidance

** Western Digital WDC.O shares are up 2.3% in midday trading Fri after the co gave guidance on its Q2 results

** The broader mkt was also higher on Fri

** Western Digital late Thurs said it expected Q2 rev at the mid-point of $4.20 bln to $4.40 bln range; the consensus view for rev was $4.24 bln, according to LSEG

** It also said it expected Q2 non-GAAP EPS at the lower end of a $1.75/$2.05 range; the consensus view for EPS was $1.82

** Following the news, BofA Global Research raised its price target on the stock to $84 from $80, while Barclays cut its price target to $80 from $90

** Western Digital is expected to release its Q2 results Jan. 29

** The median PT on the stock is $85, based on LSEG data; the stock was last at $65.72

** Analyst recommendations on the stock include 19 "strong buy" or "buy" ratings, eight "hold" ratings and no "sell" or "strong sell" ratings

** Including the session move, the stock just over 10% YTD while the Nasdaq .IXIC is up about 1.7%

(Reporting by Caroline Valetkevitch)

((caroline.valetkevitch@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10