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Western Digital price target set at $60 Loop Capital

Loop Capital keeps a Buy rating on Western Digital (WDC) with an adjusted price target of $60, accounting for the split and re-emergence of SanDisk. Western Digital generated revenue slightly softer and EPS much stronger than Street, estimates, and the company also has yet to see any material tariff impact on demand, the analyst tells investors in a research note. Loop adds that Western Digital has assembled teams to mitigate disruptions and tariff impacts on customer operations.

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