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

Rating:
Buy WDC
up 3.33 %

Western Digital Corporation (WDC) rated Buy with price target $140 by Maxim Group

Posted on: Monday,  Oct 19, 2015  3:25 PM ET by Maxim Group

Maxim Group rated Buy Western Digital Corporation (NASDAQ: WDC) on 10/19/2015. Previously Maxim Group rated Buy Western Digital Corporation (NASDAQ: WDC) on
07/15/2015., when the stock price was $78.78. Since then, Western Digital Corporation has gained 3.34% as of 01/11/2016's recent price of $81.41.
If you would have followed the previous Maxim Group's recommendation on WDC, you would have gained 3.33% of your investment in 180 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.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/19/2015 3:25 PM Buy
None
80.30 140.00
as of 8/27/2015
1 Week down  -2.51 %
1 Month down  -8.13 %
3 Months down  -6.57 %
1 YTD down  -6.57 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2015 9:25 AM Buy
None
87.14 114.00
7/15/2015 8:25 AM Buy
None
78.78 121.00

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