Goldman Sachs Upgrades Western Digital to Neutral, Announces $48 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari upgraded Western Digital (NASDAQ:WDC) from Sell to Neutral and set a $48 price target for the company's stock.
November 21, 2023 | 12:36 pm
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Goldman Sachs upgraded Western Digital's stock from Sell to Neutral and established a price target of $48, which could influence the stock's performance positively in the short term.
Upgrades by prominent analysts like those from Goldman Sachs can lead to increased investor confidence and a positive shift in market sentiment towards the stock. The new price target of $48 suggests a potential upside from the current trading price, which may result in short-term buying pressure.
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IMPORTANCE 80
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