Notable Analyst Updates: Western Digital Corp(NASDAQ:WDC), Wright Medical Group Inc(NASDAQ:WMGI), Yelp Inc(NYSE:YELP), Facebook Inc. (NASDAQ:FB)

Brean Capital believes the valuation of Western Digital Corp(NASDAQ:WDC) remains dramatically underappreciated citing its operational improvements which should continue to drive margins as well as the potential pickup in Enterprise drives. Shares are Buy rated with a $125 price target. Shares of Western Digital Corp(NASDAQ:WDC) have a 50 day moving average of $89.19 and a…

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Pharma Stocks on Watch: Biota Pharmaceuticals Inc(NASDAQ:BOTA), Merck & Co., Inc.(NYSE:MRK), Intercept Pharmaceuticals Inc(NASDAQ:ICPT), Pfizer Inc.(NYSE:PFE)

Biota Pharmaceuticals Inc(NASDAQ:BOTA) announced that an interim update has been provided from the U.S. Department of Health and Human Services and the Biomedical Advanced Research and Development Authority, or BARDA, with respect to the Stop-Work Order the company recently received from BARDA and its pending decision regarding a recent In Process Review of its contract to…

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Tech Watchlist: Facebook Inc. (NASDAQ:FB), Microsoft Corporation (NASDAQ:MSFT), Apple Inc.(NASDAQ:AAPL)

Microsoft Corporation (NASDAQ:MSFT) announced this morning that in partnership with BesTV New Media Co., a subsidiary of Shanghai Media Group, Xbox One will launch into China in September of this year. The all-in-one games and entertainment system will be the first of its kind to launch in the country, creating mutual opportunities for developers in China…

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After-Hours Earnings Roundup: Riverbed Technology, Inc. (NASDAQ:RVBD), Trulia Inc (NYSE:TRLA)

Riverbed Technology, Inc. (NASDAQ:RVBD), which focuses on application performance infrastructure, is steady late Tuesday after its Q1 profit beat expectations by a penny, while revenue meets. The company reported non-GAAP net income of $40 million, or $0.24 per share, up from $39 million, or $0.23 per share, a year earlier and a penny better than…

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Internet Stocks in the News: Google, Inc.(NASDAQ:GOOG), Twitter Inc(NYSE:TWTR), Facebook Inc. (NASDAQ:FB)

Tech Data Corp (NASDAQ:TECD) announced an agreement with Google, Inc.(NASDAQ:GOOG) to distribute Google’s Chromebook management console to its channel of solution providers in the U.S. through the company’s Systems & PeripheralsIT division. Through the agreement, Tech Data will also provide additional value-added services and training for solution providers.By way of the agreement, Tech Data will…

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Earnings To Watch: Illumina (NASDAQ:ILMN), Zix Corporation (NASDAQ:ZIXI), Hatteras Financial Corp. (NYSE:HTS), Harmonic Inc (NASDAQ:HLIT)

Illumina Inc (NASDAQ:ILMN) announced its earnings results on Tuesday. The company reported $0.46 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.45 by $0.01, ARN reports. The company had revenue of $421.00 million for the quarter, compared to the consensus estimate of $391.50 million. Illumina, Inc. (NASDAQ:ILMN) stock performance was 4.79%…

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