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Western Digital price target raised to $375 from $345 at BofA

BofA raised the firm’s price target on Western Digital (WDC) to $375 from $345 and keeps a Buy rating on the shares. After having hosted in-person investor meetings in NYC with CFO Kris Sennesael, the firm says it walked away from the meetings more confident in the company’s ability to meet its revised long-term targets given at the company’s recent innovation day.

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