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

Rating:
Overweight
WDC
down 2.38 %

Western Digital Corporation (WDC) upgraded to Overweight by JP Morgan

Posted on: Tuesday,  Dec 17, 2013  8:25 AM ET by JP Morgan

JP Morgan rated Overweight Western Digital Corporation (NASDAQ: WDC) on 12/17/2013, when the stock price was $83.40. Since
then, Western Digital Corporation has lost 2.39% as of 01/11/2016's recent price of $81.41.
If you would have followed this JP Morgan's recommendation on WDC, you would have lost 2.38% of your investment in 755 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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2013 8:25 AM Buy
None
83.40
as of 8/27/2015
1 Week down  -2.51 %
1 Month down  -8.13 %
3 Months down  -17.27 %
1 YTD down  -2.96 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/8/2009 8:25 AM Hold
None
21.05
3/3/2008 8:25 AM Sell
None
29.83

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