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Western Digital price target raised to $85 from $71 at BofA

BofA raised the firm’s price target on Western Digital (WDC) to $85 from $71 and keeps a Buy rating on the shares ahead of the company’s upcoming fiscal Q4 report. The firm projects revenue and EPS of $2.53B and $1.54, above Street estimates of $2.47B and $1.52, respectively.

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