Mizuho Maintains Buy on Western Digital, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh has maintained a Buy rating on Western Digital (NASDAQ:WDC) and increased the price target from $52 to $55, indicating a positive outlook on the company's stock.
December 06, 2023 | 4:52 pm
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Mizuho analyst Vijay Rakesh reaffirmed a Buy rating on Western Digital and raised the price target to $55, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a positive outlook on the stock, which can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100