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Western Digital Corporation (WDC) [hlAlert]

Rating:
Buy WDC
up 197.00 %

Western Digital Corporation (WDC) rated Buy with price target $37 by Deutsche Securities

Posted on: Friday,  Jul 25, 2008  12:25 PM ET by Deutsche Securities

Deutsche Securities rated Buy Western Digital Corporation (NASDAQ: WDC) on 07/25/2008. Previously Deutsche Securities rated Buy Western Digital Corporation (NASDAQ: WDC) on
01/24/2008., when the stock price was $27.41. Since then, Western Digital Corporation has gained 197.01% as of 01/11/2016's recent price of $81.41.
If you would have followed the previous Deutsche Securities's recommendation on WDC, you would have gained 197% of your investment in 2909 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.

Deutsche Bank's award-winning Research team manages a range of functions from asset allocation, through economic forecasting across a broad range of industry sectors including cement and construction, chemicals, electronics, energy, engineering, machinery, media, software, tobacco, retailing and utilities, and oil and gas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/25/2008 12:25 PM Buy
None
29.75 37.00
as of 12/24/2008
1 Week down  -5.61 %
1 Month up  8.51 %
3 Months up  62.76 %
1 YTD down  -31.47 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/24/2008 8:25 AM Buy
None
27.41 33.00
11/12/2007 9:25 AM Hold
None
26.21 30.00

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