B of A Securities Maintains Buy on Western Digital, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Wamsi Mohan maintains a Buy rating on Western Digital (NASDAQ:WDC) and raises the price target from $75 to $85, indicating a positive outlook on the stock.
April 17, 2024 | 10:35 am
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POSITIVE IMPACT
Western Digital's stock rating was maintained as Buy by B of A Securities, with the price target increased from $75 to $85.
The increase in price target by a reputable analyst like Wamsi Mohan from B of A Securities suggests a strong confidence in Western Digital's future performance. This endorsement is likely to instill positive sentiment among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100