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Citigroup Says SanDisk's Numbers Will Improve
Thursday, April 9, 2015 - 10:19am | 268In a report published Wednesday, Citigroup analyst Joe Yoo commented that SanDisk Corporation (NASDAQ: SNDK) faces several "troubling" near-term challenges, but this isn't necessarily a bad thing for investors as much of the bad news is already reflected in lowered earning per share estimates....
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Citi Upgrades Xerox Due To Cash Build Up, Strategic M&A
Wednesday, April 8, 2015 - 9:03am | 221Citi issued a industry update highlighting Xerox Corp (NYSE: XRX) based on improving signings and cash build up for accretive M&A. Citi upgraded Xerox from Neutral to Buy and raised its price target from $12.50 to $15. Analysts Jim Suva, Joe Yoo and Michael Cadiz wrote, "While currency and...
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Citigroup Remains Bullish On Seagate Technology Following Q4 Print
Tuesday, January 27, 2015 - 10:43am | 223Joe Yoo of Citigroup reiterated a Buy rating on shares of Seagate Technology PLC (NASDAQ: STX) following its fourth-quarter results with a price target lowered to $70 from $74. Yoo notes that the company's quarterly results were “generally in line with expectations” with a 1...
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Citi Raises Seagate Technology Price Target
Wednesday, December 17, 2014 - 3:34pm | 180Citi raised its price target on Seagate Technology PLC (NASDAQ: STX) Wednesday from $70 to $74. Analyst Joe Yoo saw growth ahead in the PC market and anticipated "positive earnings revisions in CY14 as the overall PC market continues to recover, which should result in a significant...
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Citi Raises Western Digital Price Target
Wednesday, December 17, 2014 - 3:18pm | 257Citi raised its price target on Western Digital Corp (NASDAQ: WDC) Wednesday from $110 to $125. Analyst Joe Yoo believed “WDC will be a key beneficiary [of PC growth] given that PCs still account for over 60 percent of total HDD units. Moreover, following the recent resolution with the...