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Western Digital price target lowered to $50 from $80 at Barclays

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.

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