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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc. -- Ignore unavailable to you. Want to Upgrade?

To: Unwelcomeguest who wrote (3519)	2/23/2018 10:23:19 AM
From: Unwelcomeguest	1 Recommendation Recommended By JCnieuwenj Respond to of 4828

More detail on Stifel's upgrade and new target. Received in my eTrade account. DJ Western Digital Stock Jumps After Stifel Resumes Coverage With Buy Rating -- MarketWatch Feb 23, 2018 10:01:00 (ET) Shares of Western Digital Corp. (WDC) are up 3.9% in Friday morning trading after analysts at Stifel resumed coverage with a buy rating and took an upbeat view on the role of hard disk drives going forward. The analysts, led by Kevin Cassidy, believe that "increased data generation will keep [hard disk drives] relevant" and that safety concerns surrounding new autonomous driving technologies will stir demand for "large capacity" drives. They're optimistic about the company's new microwave assisted magnetic recording (MAMR) drives and think that a joint venture with Toshiba "provides stability." The analysts also resumed coverage of Seagate Technology PLC (STX) with a hold rating. Western Digital shares are up 18% over the past 12 months, while Seagate shares are up 11% and the S&P 500 Index is up 15%. -Emily Bary For more from MarketWatch: marketwatch.com (END) Dow Jones Newswires February 23, 2018 10:01 ET (15:01 GMT) UWG