Citigroup Maintains Buy on Western Digital, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Asiya Merchant maintains a Buy rating on Western Digital but lowers the price target from $95 to $85.
September 10, 2024 | 4:11 pm
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NEUTRAL IMPACT
Citigroup's analyst Asiya Merchant maintains a Buy rating on Western Digital but reduces the price target from $95 to $85, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in Western Digital's prospects, but the lowered price target reflects a tempered outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100