Wedbush has reaffirmed its “outperform” rating on Western Digital Corporation (NASDAQ: WDC), according to a recent research note. The firm set a price target of $325.00 per share, suggesting an upside potential of approximately 15% from the stock’s previous closing price.
The rating reflects Wedbush’s positive outlook on the data storage company’s future performance based on current market conditions and company fundamentals.
**Why this matters**
Analyst ratings and price targets can influence investor sentiment and trading activity. Wedbush’s continued confidence in Western Digital may attract more interest from investors looking for growth opportunities in the technology sector.
Source: NewsData