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Western Digital's (WDC +7.7%) FQ2 revenue beat and upward guidance wins at least one convert,...

Western Digital's (WDC +7.7%) FQ2 revenue beat and upward guidance wins at least one convert, Needham’s Richard Kugele, who raises his rating to Buy from Hold, writing that his concerns stemming from the cost of the flooding in Thailand have been alleviated. WDC’s confidence that it will conclude its acquisition of Hitachi's storage division relieves him of worries the deal will drag on.
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