TD Cowen raised the firm’s price target on Western Digital (WDC) to $200 from $90 and keeps a Buy rating on the shares. The firm said results were flawless and supports theirfavorable view on the HDD industry. WDC reaffirmed that it’s not adding capacity, and it seems that areal density is capable of driving 20% plus EB growth in C26.
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Read More on WDC:
- Western Digital price target raised to $165 from $125 at Rosenblatt
- Western Digital price target raised to $200 from $160 at Cantor Fitzgerald
- Western Digital price target raised to $163 from $115 at Benchmark
- Western Digital price target raised to $180 from $97 at Baird
- Western Digital price target raised to $175 from $94 at JPMorgan