Mizuho analyst Vijay Rakesh raised the firm’s price target on Western Digital to $80 from $66 and keeps a Buy rating on the shares. The analyst sees NAND pricing tailwinds and says the company’s NAND spinoff could unlock value.
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Read More on WDC:
- Western Digital price target raised to $100 from $70 at Cantor Fitzgerald
- Western Digital upgraded to Buy from Neutral at Rosenblatt
- Western Digital call volume above normal and directionally bullish
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