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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (81518)	10/26/2018 12:16:09 PM
From: Donald Wennerstrom	2 Recommendations Recommended By FJB Return to Sender Respond to of 95530

Western Digital (WDC) Investors Shouldn’t Lose Hope Just Yet; This Analyst Reiterates Buy Scott Fields, Editor- October 26, 2018, 11:06 AM EDT It’s a short and dramatic plunge for Western Digital ( WDC). Today, the storage giant shares lost over 20% of their value after reporting a disappointing set of September quarter results, as revenue missed company guidance. More importantly, December guidance was well below Street expectations due to ongoing flash ASP erosion as well as a challenging demand environment. Despite the earnings miss, Guggenheim analyst Rob Cihra keeps his rating at Buy, while cutting the price target to $110 (from $125), which represents a potential upside of 156% from where the stock is currently trading. smarteranalyst.com