Western Digital price target raised to $250 from $190 at Loop Capital

Loop Capital analyst Ananda Baruah raised the firm’s price target on Western Digital (WDC) to $250 from $190 and keeps a Buy rating on the shares. The firm sees hard disk drive capacity demand moving higher in 2026 with selling price increased for higher capacity drives. The “materially accretive” economic dynamics for Seagate and Western Digital are “durable” and “remain in the beginning stages,” the analyst tells investors in a research note.

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