Vetr Inc. issued a report on Western Digital Corp (NASDAQ:WDC), hiking its price target to $63.25 earlier today
- Updated: October 3, 2016
Vetr Inc. raised the target price of Western Digital Corp (NASDAQ:WDC) to $63.25 indicating a potential upside of 0.07%.
On 10/03/2016, RBC Capital released a statement for Western Digital Corp (NASDAQ:WDC) bumped up the target price from $60.00 to $65.00 that suggested an upside of 0.11%.
Boasting a price of $59.20, Western Digital Corp (NASDAQ:WDC) traded 0.34% higher on the day. With the last stock price close up 24.93% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Western Digital Corp has recorded a 50-day average of $50.78 and a two hundred day average of $46.80. Volume of trade was down over the average, with 4,396,909 shares of WDC changing hands under the typical 5,030,310
With a total market value of $0, Western Digital Corp has price-earnings ratio of 58.47 with a one year low of $34.99 and a one year high of $86.39 .
A total of 25 equity analysts have released a ratings update on WDC. Nine equity analysts rating the company a strong buy, ten equity analysts rating the company a buy, eleven equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $58.62.
Brief Synopsis About Western Digital Corp (NASDAQ:WDC)
Western Digital Corporation (Western Digital) is a developer, manufacturer and provider of data storage devices and solutions that address the needs of the information technology (IT) industry and the infrastructure that enables the proliferation of data in virtually every industry. The Company's portfolio of offerings addresses three categories: Datacenter Devices and Solutions (capacity and performance enterprise hard disk drives (HDDs), enterprise solid state drives (SSDs), datacenter software and system solutions); Client Devices (mobile, desktop, gaming and digital video hard drives, client SSDs, embedded products and wafers), and Client Solutions (removable products, hard drive content solutions and flash content solutions). The Company develops and manufactures a portion of the recording heads and magnetic media used in its hard drive products.
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