Cantor Fitzgerald Reiterates Overweight on Western Digital, Maintains $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse has reiterated an Overweight rating on Western Digital (NASDAQ:WDC) and maintained a $70 price target for the company's stock.
January 26, 2024 | 5:53 pm
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Cantor Fitzgerald analyst C J Muse reaffirmed an Overweight rating on Western Digital with a steady price target of $70, indicating a positive outlook on the stock.
The reiteration of an Overweight rating by a reputable analyst like C J Muse from Cantor Fitzgerald, along with the maintenance of a $70 price target, is a strong positive endorsement for Western Digital. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100