** 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))
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