Western Digital (WDC +13.1%) surges higher in the early going after raising its FQ2 sales...

|About: Western Digital Corporation (WDC)|By:, SA News Editor

Western Digital (WDC +13.1%) surges higher in the early going after raising its FQ2 sales outlook and painting a milder view of the impact of Thailand's flooding. Think Equity raises its rating to Buy and hikes its price target to $40 from $25: "WDC appears to be managing the crisis very effectively and hence appears unlikely to lose as much share as we had previously anticipated."