Barclays analyst Tom O’Malley raised the firm’s price target on Western Digital (WDC) to $405 from $325 and keeps an Overweight rating on the shares. The firm upped estimates for the hard disk drive market. Given industry dynamics and a commitment to lower capital spend, a share re-rating should be “more permanent,” the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
WDCX: an alternative to margin or options on WDCPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WDC:
- Vanguard Just Split 5 ETFs — Why It Matters for Investors
- Why Is Invesco QQQ Trust ETF (QQQ) Rising Today 4/21/2026?
- Western Digital price target raised to $350 from $285 at UBS
- Western Digital put volume heavy and directionally bearish
- Western Digital price target raised to $410 from $378 at Evercore ISI