Economy

Citigroup Inc. Increases Western Digital Corporation (NASDAQ:WDC) Price Target to $115.00

Stephens Inc acquired 5,140 shares as Gartner Inc (IT)'s stock rose 9.97%. The institutional investor held 1.23 million shares of the company at the end of 2017Q2, valued at $15.44 million, down from 1.30M at the end of the previous reported quarter.

Mackay Shields Llc, which manages about $81.03B and $2.36B US Long portfolio, upped its stake in Red Hat Inc (Prn) by 5.17 million shares to 23.49 million shares, valued at $32.54 million in 2017Q2, according to the filing. Grove Bank & Trust now owns 2,199 shares of the data storage provider's stock worth $195,000 after acquiring an additional 549 shares during the period. Vale SA (ADR) (NYSE:VALE) has risen 111.11% since November 8, 2016 and is uptrending. It has underperformed by 11.84% the S&P500. Schroder Investment Management Group raised its stake in Western Digital Corporation by 24,087.4% during the 2nd quarter. Dnb Asset Management As sold 253,500 shares as Western Digital Corp (WDC)'s stock rose 15.69%. Vale S A now has $54.31B valuation. Also, insider Mark P. Long sold 1,446 shares of Western Digital Corporation stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $82.38, for a total transaction of $1,658,309.40. The stock of Western Digital Corp (NASDAQ:WDC) earned "Buy" rating by Citigroup on Friday, October 27. It has outperformed by 109.15% the S&P500.

Among 26 analysts covering Target Corporation (NYSE:TGT), 7 have Buy rating, 3 Sell and 16 Hold. Therefore 60% are positive. International Business Machines had 108 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Underperform" rating by Wolfe Research given on Wednesday, March 1. Ameriprise Incorporated, a Minnesota-based fund reported 4.44 million shares. The firm has "Neutral" rating by UBS given on Thursday, October 12. The firm has "Overweight" rating given on Tuesday, January 31 by Barclays Capital. Morgan Stanley maintained the shares of WDC in report on Friday, May 27 with "Equal-Weight" rating. First Allied Advisory Services reported 11,839 shares. The firm has "Buy" rating given on Wednesday, January 27 by Citigroup. The firm earned "Hold" rating on Tuesday, July 4 by Jefferies.

Investors sentiment decreased to 0.94 in 2017 Q2. Its up 0.11, from 1.01 in 2017Q1. Pnc invested in 2,825 shares or 0% of the stock. 1,000 shares were sold by Dawkins Alwyn, worth $117,859. Brandes Inv Ltd Partnership holds 806,456 shares or 1.13% of its portfolio. Sentinel Trust Communication Lba accumulated 34,485 shares. Kingdom Ridge Cap Limited Liability stated it has 50,400 shares. Capital Ww reported 0.01% in Metlife Inc (NYSE:MET). Van Eck Associates owns 107,000 shares or 0.01% of their United States portfolio. Sei Comm holds 0.1% of its portfolio in Western Digital Corp (NASDAQ:WDC) for 277,206 shares. Gotham Asset Lc owns 402,696 shares. Parallax Volatility Advisers LP has 42,334 shares. Motco reported 55,836 shares.

Stephens Inc decreased Amphenol Corp New (NYSE:APH) stake by 10,203 shares to 87,930 valued at $6.49 million in 2017Q2. Schlumberger Ltd (NYSE:SLB) was raised too.

Capital World Investors purchased a new stake in Western Digital Corporation during the 2nd quarter valued at $1,019,202,000. Its up 0.11, from 1.01 in 2017Q1. It is negative, as 6 investors sold PMO shares while 17 reduced holdings. 101 funds opened positions while 216 raised stakes. Boston Prtn stated it has 1.04 million shares. Utd Ser Automobile Association holds 0.21% or 790,967 shares. Seven Bridges Advisors LLC now owns 2,243 shares of the data storage provider's stock worth $199,000 after acquiring an additional 931 shares during the period. Prudential Fincl Inc has 744,490 shares for 0.1% of their portfolio. Schwab Charles Investment has 1.07 million shares.

Western Digital Corporation (NASDAQ:WDC) last announced its quarterly earnings data on Thursday, October 26th. Ngam LP reported 94,528 shares. More interesting news about Western Digital Corp (NASDAQ:WDC) were released by: Reuters.com and their article: "Toshiba discussing joint investment in chips with Western Digital" published on October 13, 2017 as well as Investorplace.com's news article titled: "Western Digital Corp Is Pulling the Right Strings" with publication date: October 23, 2017. 39,737 were accumulated by Da Davidson And. Texas Yale Capital Corp. now owns 7,637 shares of the data storage provider's stock worth $361,000 after buying an additional 69 shares during the last quarter. Comerica Inc has invested 0.14% of its portfolio in Western Digital Corp (NASDAQ:WDC). Great Lakes Advsrs Ltd Limited Liability Company reported 0.01% of its portfolio in Western Digital Corp (NASDAQ:WDC). Daiwa Sb Investments Ltd who had been investing in Western Digital Corp for a number of months, seems to be bullish on the $25.41B market cap company. Zacks Investment Research raised Western Digital Corporation from a "sell" rating to a "hold" rating in a research report on Tuesday, October 24th. Vetr downgraded Western Digital Corporation from a "strong-buy" rating to a "buy" rating and set a $102.77 price target on the stock.in a research report on Wednesday, July 12th. Nine research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and three have given a strong buy rating to the stock. On Wednesday, August 17 the stock rating was maintained by Goldman Sachs with "Sell". The firm has "Buy" rating by BB&T Capital given on Monday, May 2. Maxim Group reiterated a "buy" rating and set a $108.00 target price on shares of Western Digital Corporation in a report on Wednesday, August 30th. The rating was maintained by Mizuho with "Buy" on Thursday, September 8. BTIG Research restated a buy rating and issued a $120.00 target price on shares of Western Digital Corporation in a research note on Friday, July 14th. The rating was upgraded by Argus Research on Thursday, October 1 to "Buy". Stifel Nicolaus maintained Target Corporation (NYSE:TGT) on Monday, September 18 with "Hold" rating. The stock has "Hold" rating by Guggenheim on Thursday, July 13.

Since May 8, 2017, it had 0 insider buys, and 5 selling transactions for $2.02 million activity. CORDANO MICHAEL D sold $447,996 worth of stock. BHATIA MANISH H sold $612,625 worth of stock or 7,208 shares.



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