A person who studies companies and tells people how good they are did a report on Western Digital, a company that makes things to store information. He said the company is doing well because more people are buying their nearline drives (big storage devices) and their prices for NAND memory chips are getting better. He also raised the price he thinks the company's stock will be in the future from $65 to $85. This means he thinks the company is a good investment. The person also said that Western Digital made more money than people expected in the last three months and they think it will make even more money in the next few years. Read from source...
- The title is misleading and sensationalized, as the analyst did not upgrade the stock because of growth in nearline drive and NAND market recovery, but rather because of flash pricing and drive sales boost.
- The article does not provide any evidence or data to support the claim that Western Digital's Q3 earnings beat expectations, only the word of the analyst who has a vested interest in promoting the stock.
- The article uses vague and ambiguous terms like "significant upside results", "improving flash pricing" and "nearline sales" without defining or quantifying them, making it hard for readers to understand the actual performance and prospects of Western Digital.