WDC, NAND, NVM, enterprise storage systems, etc. Message Board

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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.

SNDK 254.16

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Nov 14 9:30 AM EST

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From: Sam	9/11/2018 9:58:44 AM
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RBC downgrades Western Digital on NAND headwinds Sep. 11, 2018 8:02 AM ET\|By: Brandy Betz, SA News Editor RBC Capital downgrades Western Digital (NYSE: WDC) from Outperform to Sector Perform and drops the price target from $95 to $70, a 23% upside to yesterday’s close. Analyst Amit Daryanani expects NAND headwinds to persist into 2019 and compress margins. Western Digital shares are down 1.8% premarket to $56. Other NAND players: Micron (NASDAQ: MU) down 1% to $44.45, Intel (NASDAQ: INTC) down 0.7% to $46. seekingalpha.com

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