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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
SNDK 200.32+2.2%Nov 21 9:30 AM EST
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To: Unwelcomeguest who wrote (3579)3/27/2018 6:30:59 PM
From: bigchad1 Recommendation

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Unwelcomeguest

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"Barclays says Western Digital, Seagate could be facing 'perfect storm' Barclays analyst Mark Moskowitz raised his price target for Overweight-rated Western Digital (WDC) to $120 from $110 and for Underweight-rated Seagate Technology (STX) to $55 from $45 saying it "could be a perfect storm" for hard-disk-drives. Better demand and mix dovetail with tight supply, Moskowitz tells investors in a research note on the IT Hardware space. The analyst says that while he missed the year-to-date rally in Seagate, his new price target implies the stock largely has adjusted for the better end market conditions. He sees additional upside in Western Digital now that the Toshiba saga is in the rearview mirror and the company's recent refinancing provides flexibility to resume its share buyback."
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