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Benzinga

Business

Alex Perry

Western Digital Stock Rises As Analyst Sees Upside Ahead

Western Digital Kevin Cassidy Rosenblatt WDC Western Digital Corporation

Man, woman, data center

Shares of Western Digital Corporation (NASDAQ: WDC) are up Monday following positive analyst coverage from Rosenblatt. Here’s what you need to know.

What To Know: Rosenblatt analyst Kevin Cassidy maintained Western Digital with a Buy rating and raised the price target from $90 to $125, citing a full backlog of orders in addition to an increased average selling price of the company’s hard disk drives.

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