Barclays Maintains Overweight on Western Digital, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tom O'Malley has maintained an Overweight rating on Western Digital (NASDAQ:WDC) and increased the price target from $65 to $70.
January 26, 2024 | 7:15 pm
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Barclays analyst Tom O'Malley has reaffirmed Western Digital's Overweight rating and raised the price target to $70, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Tom O'Malley suggests a bullish outlook on Western Digital, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100