Rosenblatt Upgrades Western Digital to Buy, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Kevin Cassidy upgraded Western Digital (NASDAQ:WDC) from Neutral to Buy and increased the price target from $65 to $115, indicating a positive outlook on the company's future performance.
April 05, 2024 | 11:35 am
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Western Digital was upgraded by Rosenblatt from Neutral to Buy, with the price target raised significantly from $65 to $115.
The upgrade from Neutral to Buy by a prominent analyst, along with a substantial increase in the price target, suggests a strong confidence in Western Digital's future performance. This is likely to positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100