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Enter Symbol:
 
Western Digital Corporation (WDC) [hlAlert]

Rating:
Overweight
WDC
up 5.97 %

Western Digital Corporation (WDC) rated Overweight by Morgan Stanley

Posted on: Wednesday,  Dec 4, 2013  8:25 AM ET by Morgan Stanley

Morgan Stanley rated Overweight Western Digital Corporation (NASDAQ: WDC) on 12/04/2013, when the stock price was $76.82. Since
then, Western Digital Corporation has gained 5.98% as of 01/11/2016's recent price of $81.41.
If you would have followed this Morgan Stanley's recommendation on WDC, you would have gained 5.97% of your investment in 768 days.

Western Digital Corporation (WD) designs, develops, manufactures and sells hard drives. The Company sells its products worldwide to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) for use in computer systems, subsystems or consumer electronics (CE) devices, and to distributors, resellers and retailers. Its hard drives are used in desktop computers, notebook computers, and enterprise applications, such as servers, workstations, network attached storage, storage area networks and video surveillance equipment. Additionally, its hard drives are used in CE applications, such as digital video recorders (DVRs), and satellite and cable set-top boxes (STBs). WD also sells its hard drives as stand-alone storage products and integrates them into finished enclosures, embedding application software and offering the products as WD-branded external storage appliances. On March 27, 2009, it completed the acquisition of SiliconSystems, Inc.

Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed-income investing. Our analysts, economists, and strategists have earned this reputation through timely, in-depth analysis of companies, industries, markets, and the world’s economies. Our teams collaborate to assist Morgan Stanley clients with investment decisions, using cash and derivative instruments across major asset classes and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/4/2013 8:25 AM Buy
None
76.82
as of 12/13/2013
1 Week up  0.17 %
1 Month up  2.90 %
3 Months   
1 YTD up  2.90 %

(*) Stock Price at the time of the recommendation.
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