WDC Stock: $90 Target (Up From $80) By Citi

By Amit Chowdhry ● May 3, 2021
  • The shares of Western Digital Corp (NASDAQ: WDC) have received a price target increase from $80 to $90 by Citi. These are the details.

The shares of Western Digital Corp (NASDAQ: WDC) have received a price target increase from $80 to $90 by Citi. And Citi analyst Jim Suva is maintaining a “Buy” rating on the company shares.

Suva noted that the company had posted a material upside to the March results and the June outlook as the pricing for the storage and memory industry continues to get better. As a result, Suva believes that there is more upside to Western Digital shares.

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