Susquehanna analyst Mehdi Hosseini raised the firm’s price target on Western Digital to $83 from $68 and keeps a Neutral rating on the shares. The firm iIncreased estimates due to higher NAND ASP/bit shipment and they also expect NAND supply to tighten in 2H24 as CSPs/Enterprises step up storage procurement.
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Read More on WDC:
- Western Digital price target raised to $80 from $66 at Mizuho
- Western Digital price target raised to $100 from $70 at Cantor Fitzgerald
- Western Digital upgraded to Buy from Neutral at Rosenblatt
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