Western Digital Corporation
92.96 -0.79(-0.84%) Date: Jul 26, 7:59PM EDT
Western Digital will see almost equal EPS and revenue accretion even if it’s not included in Toshiba buying group, according to Aegis analyst
Jefferies thinks that the modest Q4 raise and reiteration of annual EPS guidance supports its concern around near-term NAND "peakiness"
The firm estimates more than half the 100bp margin beat came from the NAND portfolio, which along with solid demand from the industry, is impacted by favorable pricing
UBS remains neutral on the stock, believing upside from strong NAND pricing is already priced in and exposure to long-term HDD declines could be a bigger headwind than expected
Apple's iPad and Apple Pay announcements remained as the key highlights of WWDC, according to JPMorgan analyst