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Western Digital Corporation (WDC) [hlAlert]

Rating:
Outperform
WDC
down 61.19 %

Western Digital Corporation (WDC) upgraded to Outperform by Credit Agricole

Posted on: Thursday,  Jul 30, 2015  10:25 AM ET by Credit Agricole

Credit Agricole rated Outperform Western Digital Corporation (NASDAQ: WDC) on 07/30/2015. Previously Credit Agricole rated Underperform Western Digital Corporation (NASDAQ: WDC) on
10/23/2012., when the stock price was $33.81. Since then, Western Digital Corporation has gained 157.68% as of 07/30/2015's recent price of $87.12.
If you would have followed the previous Credit Agricole's recommendation on WDC, you would have lost 61.19% of your investment in 1010 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.

Credit Agricole
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2015 10:25 AM Buy
None
87.12
as of 8/27/2015
1 Week down  -2.51 %
1 Month down  -4.86 %
3 Months up  4.92 %
1 YTD down  -10.38 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2012 10:25 AM Sell
None
33.81

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