The Analyst Landscape: 9 Takes On Western Digital
Portfolio Pulse from Benzinga Insights
In the past three months, 9 analysts have provided ratings for Western Digital (NASDAQ:WDC), ranging from bullish to bearish. The average 12-month price target has increased to $91.89. Analysts have maintained, raised, or lowered their ratings and price targets based on market dynamics and company performance. Western Digital has shown a revenue growth rate of 40.87% and maintains a strong net margin, but faces challenges with its ROE. The company is a leading supplier of data storage solutions and has a prudent debt management strategy.
September 10, 2024 | 4:00 pm
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Western Digital has received mixed analyst ratings, with an average price target increase to $91.89. The company shows strong revenue growth but faces challenges with ROE. Analysts have adjusted their ratings and price targets based on recent performance.
The increase in the average price target and the positive revenue growth rate suggest a positive short-term outlook for Western Digital. However, challenges with ROE and mixed analyst ratings indicate some caution. The overall sentiment leans towards a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100