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Western Digital price target raised to $345 from $257 at BofA

BofA analyst Wamsi Mohan raised the firm’s price target on Western Digital (WDC) to $345 from $257 and keeps a Buy rating on the shares after the company reported fiscal Q2 earnings above expectations and guided above Street estimates on all metrics. Fiscal Q3 guidance implies continued revenue and margin strength, notes the analyst, who raised the firm’s FY26 revenue and EPS estimates to $12.4B and $9.01 from $11.9B and $7.87, respectively.

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