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Western Digital Corporation (WDC) [hlAlert]

Neutral WDC

Western Digital Corporation (WDC) rated Neutral with price target $45 by Wedbush

Posted on: Tuesday,  Apr 12, 2011  9:25 AM ET by Wedbush

Western Digital Corporation (NYSE: WDC)
rated Neutral with price target $45 by Wedbush .

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.

Wedbush is Headquartered in Los Angeles, California with over 90 offices and more than 125 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We deliver superior investment ideas and products through exceptional customer care, financial security, continuity and advanced technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/12/2011 9:25 AM Hold
38.33 45.00
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/20/2010 9:25 AM Hold
29.56 34.00
7/22/2010 9:25 AM Hold
29.65 36.00
7/15/2010 9:25 AM Hold
32.47 42.00
4/13/2010 9:25 AM Hold
40.98 48.00

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