Buy the dip in Western Digital (WDC -6.2%) says FBN's Shebly Seyrafi, calling at least some of...

|About: Western Digital Corporation (WDC)|By:, SA News Editor
Buy the dip in Western Digital (WDC -6.2%) says FBN's Shebly Seyrafi, calling at least some of this morning's decline profit-taking, though he does worry the quarter's operating expenses came in higher than expected. Craig-Hallum's Christian Schwab downgrades to Sell, arguing there's no growth in the business. Needham's Rich Kugele reiterates his Strong Buy and $77 PT, noting outperformance on margins and earnings despite some handicaps. Seagate (STX -4.7%) slips with analysts suggesting there's been a slight share-shift to Western as Seagate avoided weak pricing in the PC market.