Western Digital Corp. (WDC) Tops Q3 EPS by 7c

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Goldman Sachs Comments on Western Digital's (WDC) Q3

May 1, 2014 9:21 AM EDT

Goldman Sachs maintained a Neutral rating on Western Digital Corp. (NASDAQ: WDC) an reduced its price target to $78.00 (from $79.00). Analyst Bill Shope noted healthy Q3 results, although guidance was "tepid."

"Western Digital reported non-GAAP EPS of $1.94, beating our estimate of $1.89 and consensus of $1.88. A... More