Lam Research Could Swing $28.6 Billion After Earnings
Discover 9 stocks with the biggest options-implied earnings moves, led by Spotify at 9.31%, as investors prepare for key quarterly results.
Stocks · News reference
Wells Fargo Maintains Overweight on Western Digital, Lowers Price Target to $450
Wells Fargo analyst Joe Quatrochi maintains Western Digital (NASDAQ:WDC) with a Overweight and lowers the price target from $730 to $450.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Super Micro Finally Names a CFO, Nearly Two Years After an Accounting Review Prompted the Search
Super Micro stock drops 9.6% as former Western Digital exec Mark Long takes over as CFO while the company addresses internal accounting and export-control scrutiny.
Shares of memory- and storage-related chip companies are trading lower amid continued weakness as investors weigh intensifying Chinese competition and concerns over possible market oversupply. Rising inflation concerns and elevated energy prices are fueling expectations for further Fed rate hikes, which could increase borrowing costs and weigh on demand across the sector.