Raymond James Maintains Outperform on Western Digital, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Srini Pajjuri has reaffirmed an Outperform rating on Western Digital (NASDAQ:WDC) and increased the price target from $48 to $60.
January 19, 2024 | 3:52 pm
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Western Digital's price target has been raised from $48 to $60 by Raymond James, maintaining an Outperform rating.
The increase in price target by a reputable analyst firm like Raymond James typically signals a positive outlook on the company's future performance, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100