UPDATE: Bank of America Merrill Lynch Upgrades Western Digital
January 16, 2014 at 07:48 AM EST
In a report published Thursday, Bank of America Merrill Lynch analyst Scott Craig upgraded Western Digital (NASDAQ: WDC ) to Buy from Neutral, raising its price target to $102.00 from $87.00 According to the report, the upgrade follows rising EPS estimates and higher normalized EPS, when coupled with a favorable