Cantor Fitzgerald raised the firm’s price target on Western Digital (WDC) to $200 from $160 and keeps an Overweight rating on the shares. Western Digital reported a strong beat and raise with consensus EPS now approaching $6.67 for all of CY25, the analyst tells investors in a research note. The firm expects tightness in HDD to only continue if not worsen in the quarters ahead.
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Read More on WDC:
- Western Digital price target raised to $163 from $115 at Benchmark
- Western Digital price target raised to $180 from $97 at Baird
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- Western Digital price target raised to $170 from $145 at BofA
