Goldman Sachs Maintains Neutral on Western Digital, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has maintained a Neutral rating on Western Digital (NASDAQ:WDC) and increased the price target from $48 to $58.

January 29, 2024 | 3:35 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Goldman Sachs has raised the price target for Western Digital from $48 to $58 while maintaining a Neutral rating.
The increase in price target by Goldman Sachs suggests a positive outlook on Western Digital's valuation, which could lead to investor optimism and a potential short-term increase in the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at the current levels, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100