[WDC] It has not affected them.
finance.yahoo.com
Merl is on it again. He's Deadly Accurate. Huh?
Forbes must Hate Them. lmao
UPDATE1-RESEARCH ALERT-Merrill ups Seagate, cuts Western Digital
Wed Jul 13, 2005 11:57 AM ET
(Recasts, adds details, stock movements)
BANGALORE, July 13 (Reuters) - Merrill Lynch raised its rating on computer hard disk drive maker Seagate Technology (STX.N: Quote, Profile, Research) to "buy" from "neutral" and set a 12-month price target of $23 on its stock.
However, analyst Shebly Seyrafi downgraded Seagate's rival Western Digital Corp. (WDC.N: Quote, Profile, Research) to "neutral" from "buy."
forbes.com
Western Digital, rated at "outperform" with a $14 price target, will post fiscal fourth-quarter results on July 28. "We believe Western will report revenue above its upwardly revised guidance of $900 million to $915 million, and bottom-line upside of at least 3 cents to its non-GAAP EPS guidance of 23 cents to 25 cents, based on continued stable pricing and a strong mix of high-capacity desktop and consumer electronics drives. |
