Western Digital: HDD demand to grow 10% over next 3-5 years, Digitimes says Western Digital predicts demand for surveillance hard disc drives to increase 10% within the next 3-5 years, fueled mainly by the Asia Pacific market, Digitimes reports. Reference Link
Western Digital shares offer attractive entry point, says Jefferies Jefferies analyst James Kisner believes current share levels provide an attractive entry point into Western Digital. The analyst views consensus earnings expectations as achievable and believes the current valuation does not price in potential upside from MOFCOM approval. He keeps a Buy rating on Western Digital with a $116 price target.