Barclays analyst Tom O’Malley lowered the firm’s price target on Western Digital (WDC) to $50 from $80 and keeps an Overweight rating on the shares. Amid macro uncertainty, the company sounds better on the first half of the year but “remains mum” on the second half, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WDC:
- Western Digital reinstated with Overweight from Neutral at JPMorgan
- Western Digital’s Q3 2025 Earnings and Dividend Launch
- Western Digital’s Earnings Call: Cloud Growth & Dividends
- Western Digital’s Strong Market Position and Financial Health Drive Buy Rating
- Western Digital’s Strong Market Position and Financial Performance Drive Buy Rating