Western Digital shares are trading higher after Exane BNP Paribas upgraded the stock from Neutral to Outperform and announced a $58 price target.
Portfolio Pulse from Benzinga Newsdesk
Western Digital's stock has been upgraded from Neutral to Outperform by Exane BNP Paribas, which also set a new price target of $58. This has resulted in a rise in the company's share price.
September 20, 2023 | 12:34 pm
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Western Digital's stock has been upgraded by Exane BNP Paribas, leading to a rise in its share price. The new price target is $58.
The upgrade from Neutral to Outperform by Exane BNP Paribas indicates a positive outlook for Western Digital. This, coupled with a new price target of $58, has led to an increase in the company's share price. The news is highly relevant and important for investors, leading to a high confidence in the short-term positive impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100