UBS analyst Timothy Arcuri raised the firm’s price target on Western Digital (WDC) to $135 from $85 and keeps a Neutral rating on the shares. September quarter results should be roughly in line with Street estimates, while recent AI datacenter capex announcements should extend visibility and should keep nearline demand running above trend into 2026, despite a likely 2027 cyclical downturn, the analyst tells investors in a research note.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade WDCPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WDC:
- Western Digital price target raised to $160 from $120 at Mizuho
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!
- Western Digital Stock (WDC) Rallies as Top Analysts Increase Price Targets
- Western Digital price target raised to $150 from $92 at Loop Capital
- Western Digital price target raised to $135 from $90 at Wedbush