M&G Plc and Empowered Funds LLC increased their stakes in Western Digital Co. (NASDAQ:WDC), while Sei Investments Co., Westfield Capital Management Co. LP, and Mizuho Markets Americas LLC reduced their shares. Mitsubishi UFJ Asset Management Co. Ltd, Envestnet Portfolio Solutions Inc, Texas Permanent School Fund Corp, Inspire Investing LLC, and Oppenheimer & Co. Inc recently purchased WDC's shares. WDC's stock price fluctuated following quarterly earnings and revenue reports. Analysts from Evercore ISI and Citigroup raised their price target for WDC and Wells Fargo maintained its. Western Digital exceeded Q2 revenue expectations and experienced strong earnings growth. Expectations for WDC's Q3 earnings include contributions from HDD offerings. Western Digital is reportedly undervalued, offering potential for growth. Developments include an announcement of company separation, a potential ward off from Toshiba chips control by Apple, and a move onto 'Tactical Ideas' list ahead of spinoff. Western Digital also plans to present a 'New Era of NAND'. Goldman Sachs considers WDC as one of the best hardware stocks to buy, reflecting Western Digital's momentum and attractiveness to investors.
Western Digital Corp WDC News Analytics from Mon, 30 Oct 2023 07:00:00 GMT to Sun, 21 Jul 2024 20:29:13 GMT -
Rating -1
- Innovation 5
- Rumor 0
