Susquehanna analyst Mehdi Hosseini raised the firm’s price target on Western Digital (WDC) to $285 from $205 and keeps a Neutral rating on the shares. The firm said they are increasing estimates to reflect the recent earnings report and the updated financial model presented at the company’s Analyst Day. The company provided an update to its financial targets, underpinned by very robust pricing trends while areal density growth is accelerating.
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