UBS Maintains Neutral on Western Digital, Raises Price Target to $42
Portfolio Pulse from jenniferd'souza@benzinga.com
UBS analyst Timothy Arcuri maintains a Neutral rating on Western Digital (NASDAQ:WDC) and raises the price target from $35 to $42.
July 26, 2023 | 10:19 am
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NEUTRAL IMPACT
UBS analyst maintains a Neutral rating on Western Digital and raises the price target from $35 to $42.
The news is directly about Western Digital. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at the moment. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100