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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
SNDK 254.16+4.4%3:59 PM EST

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From: Sam6/4/2019 8:26:52 AM
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This was inevitable.

Western Digital target trimmed on China uncertainty
Jun. 4, 2019 7:32 AM ET|About: Western Digital Corporation (WDC)|By: Brandy Betz, SA News Editor


Deutsche Bank maintains a Buy rating on Western Digital (NASDAQ: WDC) but lowers the price target from $60 to $55.

The firm cites end-demand growth uncertainty from the continuing US-China trade tensions.

Supply chain comments suggest the enterprise spending recovery has slipped by one to two quarters.

Western Digital closed yesterday down 0.4% to $37.08.

seekingalpha.com
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