Barclays analyst Tom O’Malley raised the firm’s price target on Western Digital (WDC) to $200 from $105 and keeps an Overweight rating on the shares following the fiscal Q1 report. The company’s 2026 deals “seem like take-or-pay with 2027 deals already baking in some hooks,” the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WDC:
- Western Digital Reports Strong Q1 2026 Results
- Western Digital: Strategic Positioning and Technological Advancements Drive Buy Rating
- Western Digital: Strategic Positioning and Strong Financial Performance Justify Buy Rating
- Closing Bell Movers: Amazon soars to all-time highs on earnings
- Western Digital raises quarterly dividend by 25% to 12.5c per share