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

Rating:
Mkt Outperform
WDC
up 143.37 %

Western Digital Corporation (WDC) upgraded to Mkt Outperform with price target $38 by Rodman & Renshaw

Posted on: Wednesday,  Jan 19, 2011  9:25 AM ET by Rodman & Renshaw

Rodman & Renshaw rated Mkt Outperform Western Digital Corporation (NASDAQ: WDC) on 01/19/2011, when the stock price was $33.45.
Since then, Western Digital Corporation has gained 143.38% as of 01/11/2016's recent price of $81.41.
If you would have followed this Rodman & Renshaw's recommendation on WDC, you would have gained 143.37% of your investment in 1818 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.

Rodman & Renshaw is a full-service investment bank dedicated to providing investment banking services to companies that have significant recurring capital needs due to their growth and development strategies. We also provide research and sales and trading services to institutional investor clients that focus on such companies. Since 2003, Rodman has been a leading investment banking firm to the biotechnology sector, a capital intensive market segment, as well as a leader in the PIPE (private investment in public equity) and RD (registered direct placements) transaction markets.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/19/2011 9:25 AM Buy
None
33.45 38.00
as of 12/30/2011
1 Week down  -3.70 %
1 Month up  6.46 %
3 Months up  20.33 %
1 YTD down  -7.47 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/15/2010 9:25 AM Hold
None
41.30

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